Badi, a housing rental platform, secured €7 million in a recent funding round. Barlon Capital contributed €5 million in a capital increase, and Banco Santander provided a €2 million loan. This agreement supports Badi’s direct housing management line, involving the renovation and rental of properties.
Badi facilitates renting entire apartments and individual rooms. Users can list one property per publication, even when managing multiple properties, prohibiting portfolio listings in descriptions. The platform aims to consolidate its leadership through Badi Marketplace, Badi Plus, and the new Badi Getaway.
Badi Marketplace, the company’s core offering, has over 700,000 room listings and 5 million app downloads. Badi Plus, launched two years ago, offers premium furnished room rentals and currently manages over 300 beds, targeting 800 by year-end. The newly launched Badi Getaway focuses on operating hotel and mid-stay assets outside urban areas.
Carlos Pierre, Badi’s CEO, stated that the new investment and partnership with Banco Santander validate their vision and provide resources for growth. Javier Rubió of Barlon Capital expressed confidence in Badi’s positive EBITDA and sustainable growth, highlighting their commitment to supporting Badi’s ambitious expansion plans.