Nestpick develops a global platform for the midterm rental of furnished apartments. The platform helps to connect landlords and real estate companies with students looking for an apartment, rooms for rent, and more. The company was founded in 2014 and is based in Berlin, Germany. In May 2023, Nestpick was acquired by Blueground. The terms of the transaction were not disclosed.
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Nestpick's Products & Differentiators
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Online booking of monthly accommodation
Expert Collections containing Nestpick
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Nestpick is included in 3 Expert Collections, including Real Estate Tech.
Real Estate Tech
Startups in the space cover the residential and commercial real estate space. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and property management, insurance, mortgage, construction, and more.
Excludes US-based companies
Latest Nestpick News
Aug 4, 2023
The Europe student accommodation market is projected to witness a Compound Annual Growth Rate (CAGR) of greater than 5% during the forecast period. Countries like France, the UK, and Germany, boasting a high percentage of students engaged in tertiary education, are significant contributors to the demand for student accommodation. As a majority of European adults attained Upper Secondary and Bachelor's or equivalent education levels in 2021, student accommodation providers find higher education level students as a major component of their business, bolstering the growth of the student accommodation market in Europe. COVID-19's Impact on Europe Student Accommodation Market The COVID-19 pandemic led to a drastic shift from classroom to online education in Europe, resulting in a decline in the demand for student accommodation during 2020-21. However, as educational institutions reopen their doors to students and the global economy recovers from the pandemic's effects, accommodation providers are anticipating positive growth in the market. The United Kingdom, for instance, witnessed an increase in the share of adults in education from 41% in 2019 to 44% in 2021, creating expectations for market recovery with the resumption of colleges and COVID-19 recovery. Europe Student Accommodation Market Trends Percentage of Young Adults in Education Impacting Student Accommodation Market Countries like Iceland, Ireland, Italy, France, and Germany observed variations in the enrollment rates of young adults (18-24 years) and adults (25-29 years) in education from 2019 to 2021. Germany had 62% of adults aged 18-24 years enrolled in school in 2019, and this figure is expected to rise to 61% by 2021. Similarly, Iceland and Ireland witnessed growth in the adult population engaged in education from 56% and 59% in 2019 to 59% in 2021. The percentage of GDP spent on education is also a crucial factor driving the demand for student accommodation in Europe. Switzerland, Iceland, Sweden, and Finland allocate a substantial portion of their GDP (5.7%, 7.7%, 6.7%, and 5.7% respectively) to education. These countries attract more students, leading to a surge in demand for housing and fostering growth in the student accommodation market. Additionally, Iceland and Ireland's efforts to make it easier for students to choose schools outside of Germany and France have contributed to market growth in these regions. Investment in Education Paving the Way for Lucrative Growth Countries in Europe with better educational facilities and higher investments witness a higher influx of students, driving the demand for student housing in these regions. The UK, Chile, Germany, and the Netherlands, hosting top universities, attract both domestic and international students. In 2020, general government expenditure on education in the EU amounted to EUR 671 billion, equivalent to 5% of the GDP. Germany's significant spending on R&D education (1.5% of GDP) and secondary education (1.4% of GDP) is linked to the demand for student housing and the growth of educational institutions in these regions. Europe Student Accommodation Industry Overview The COVID-19 pandemic severely impacted student accommodation services, leading to a steep decline in revenue. In response, accommodation providers are offering a range of products with price variations to ensure affordability, and high-quality accommodations hold greater value in the market. As educational institutions reopen and students return, providers are introducing various schemes to capture a larger share of the market. Key players in the European student accommodation market, such as Nestpick, AmberStudent, Spotahome, UniAcco, Ocxee, Roomi, Housing Anywhere, and Homelike, are actively competing in the industry. A selection of companies mentioned in this report includes Amber Student
Nestpick Frequently Asked Questions (FAQ)
When was Nestpick founded?
Nestpick was founded in 2014.
Where is Nestpick's headquarters?
Nestpick's headquarters is located at Oranienburgerstr. 17, Berlin.
What is Nestpick's latest funding round?
Nestpick's latest funding round is Acquired.
How much did Nestpick raise?
Nestpick raised a total of $13M.
Who are the investors of Nestpick?
Investors of Nestpick include Blueground, Target Global, b2venture, Rocket Internet, Mangrove Capital Partners and 3 more.
Who are Nestpick's competitors?
Competitors of Nestpick include HousingAnywhere and 8 more.
What products does Nestpick offer?
Nestpick's products include Book on Nestpick.
Compare Nestpick to Competitors
Student.com is a marketplace for student housing. The company simplifies booking accommodation for students through a free-to-use global marketplace that puts security and ease-of-use first.
UniPlaces provides an online platform for university accommodation. The company offers students and visitors an availability of quality rooms while giving landlords targeted and direct access to a pool of students who are looking for accommodation. It was founded in 2013 and is based in London, United Kingdom.
Homestay Technologies is a company focused on the travel and tourism industry, specifically in the domain of accommodation. The company provides a platform for booking homestay accommodations worldwide, connecting host families with students, independent travelers, and professionals seeking both short and long term stays. The primary sectors the company caters to include the tourism industry and the education sector, particularly international students. It was founded in 2013 and is based in Dublin, Ireland.
HousingAnywhere is a company focused on the real estate and technology sectors, providing an online platform for rental accommodations. The company's main services include facilitating the rental of properties, managing online rent payments, and providing a platform for landlords to list their properties. The company primarily serves the real estate industry. It was founded in 2009 and is based in Rotterdam, Netherlands.
Uhouzz is a company that operates in the real estate and technology sectors, focusing on providing long-term rental booking services. The company offers a platform where users can find and book rental properties, including student apartments, brand apartments, and long-term apartments, in over 500 cities worldwide. The primary customers of Uhouzz are students studying abroad and individuals seeking long-term rentals. It was founded in 2015 and is based in Tianjin, Tianjin.
Spotahome is an online accommodation booking platform. It provides detailed descriptions of properties, including photos, videos, and floor plans, allowing users to book apartments and rooms for short-term stays. It was founded in 2014 and is based in Madrid, Spain.