AmberStudent is a disruptive player in the real estate and internet industries. Founded in 2016, the company has created a niche as a comprehensive long-term accommodation booking platform tailored specifically for students. Its simplified and reliable solution, akin to booking.com, focuses exclusively on student housing. Currently serving over 80 million students globally, Amber has established itself as the world's largest and fastest-growing student housing platform, with a presence in 80 cities and 400 universities worldwide, offering more than 1 million student housing units. In February 2024, the company secured a significant $2.50M debt financing investment. The round was led by Stride Ventures, Gaja Capital, and Lighthouse Canton Group. This investment epitomizes the faith of prominent investors in AmberStudent's potential for growth and impact. The note also underscores the promising trajectory of the company, which has achieved a remarkable $500 million GBV run-rate this year and is projected to reach $1 billion in GBV by 2024. AmberStudent's ability to streamline the process of finding and reserving full-time accommodations near universities has positioned it as a game-changer in the student housing sector. As the company continues to expand its reach and offerings, it is primed to further disrupt the industry and solidify its status as a key player in the global accommodation booking space.
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