blueground is a technology-enabled property management company seeking to become a global leader in the corporate housing rental market. Founded in Athens, Greece in 2013, blueground leases high quality properties in the most sought after residential areas, upgrades and converts them into best-in-class rentals, and then offers these offers these stylish, fully-furnished apartments to business executives and travelers. Describing their business as a “high-end hotel…but with rooms spread across a city, instead of under a single roof,” blueground represents a new value proposition to corporate travelers.

With 400+ properties in Athens, Istanbul and Dubai, blueground has already proven their model scales beyond Greece. With this funding round the company plans to further expand in the GCC region (e.g. Abu Dhabi, Doha, Riyadh) and to enter China.