Funding · Professional & Local Services
House of Student raises $2 million seed round
By Startup Enthusiast ·
- Date
- Company
- House of Student
- What it does
- Student housing marketplace
- Kind
- Funding
- Amount
- ₹19 crore
- Stage
- seed
- Based in
- San Francisco
- Founded
- 2025-02
What they do
House of Student is a marketplace for student housing with over 2.5 million verified rooms across 25 countries
What happened
It raised $2 million in seed funding (equity and debt) led by Saltwater Sutra and co-led by Nirmitsu Inspirational Ventures
Why it matters
The company plans to use the funds to accelerate product innovation, grow AI capabilities, and expand globally
The details
- House of Student raised $2 million in seed funding, consisting of both equity and debt.
- The round was led by Saltwater Sutra, a boutique investment banking group with offices in New York and Mumbai.
- Nirmitsu Inspirational Ventures co-led the round.
- Other participants included Gautam Verlekar, Glen Fernandes, Richard McCallum, Ali Moosa, and several industry executives.
- Existing investor Unilodgers also participated in the round.
- The company will use the funds to accelerate product innovation, grow AI capabilities, expand housing supply, and pursue global expansion.
- House of Student also plans to expand into AI-enabled student support services beyond accommodation.
The bigger picture
- The founder's previous company, Unilodgers, was valued at $109 million in its first institutional round.
- The student housing market is competitive, with rivals including Uhomes, Amber, and Uniplaces.
- House of Student was founded in February 2025, making it just over a year old at the time of this funding.
About the business
- House of Student operates a student housing marketplace that enables online booking and housing network management.
- It offers over 2.5 million verified student rooms across more than 25 countries.
- Its coverage includes the UK, US, Australia, Canada, New Zealand, UAE, Singapore, and 18 European countries.
- The company is headquartered in San Francisco and has operating teams in India, the UK, and the Middle East.
- It also has a presence in Gurugram and the US.
What happens next
- Accelerate product innovation and grow AI capabilities.
- Expand housing supply and pursue global expansion.
- Expand into AI-enabled student support services beyond accommodation.
The deal
- Type
- seed
Investors
- Saltwater Sutra (lead) — A boutique investment banking group with offices in New York and Mumbai.
- Nirmitsu Inspirational Ventures (co-lead)
- Gautam Verlekar (participant)
- Glen Fernandes (participant)
- Richard McCallum (participant)
- Ali Moosa (participant)
- Unilodgers (existing) — A student housing marketplace and the founder's previous company.
Founders
- Vaibhav Verma, Founder
About House of Student
- Product
- Online platform for searching and booking student accommodation
- Customers
- International students in education hubs
- How it makes money
- B2C platform connecting students with accommodation providers
- What sets it apart
- First student housing marketplace with AI-enabled services
Other articles talking about it
Same day
- Former Myntra CEO Nandita Sinha joins Instamart28 July 2026 · People
- Nykaa hires ex-Instamart executive for quick delivery28 July 2026 · People
- Smartworks takes Mumbai tower from Lloyds Realty28 July 2026 · Partnership · ₹600 Cr
- Virgio launches plus-size line Beyond The Curve28 July 2026 · Launch
- Bhavya Living founder Nandini Udawat builds premium furniture brand from Jodhpur’s artisan roots28 July 2026 · News
- Instamart appoints Nandita Sinha as new CEO28 July 2026 · People