Amber Student is redefining the student accommodation sector with its comprehensive booking platform, offering a solution akin to Booking.com but specifically tailored for students. Founded in 2016, Amber addresses the needs of approximately 80 million students worldwide by simplifying the process of securing long-term housing near universities. The platform eliminates common pain points such as negotiation woes and complex payment procedures.
As the world’s largest and rapidly expanding student housing platform, Amber serves over 4 million students each year across more than 80 cities and 400 universities. It currently boasts over 1 million student housing units and has recorded a $500 million GBV run-rate this year, with projections to double this figure by 2024.
Recently, Amber secured a $2.50M Debt Financing investment on 12 February 2024, supported by investors including Stride Ventures, Gaja Capital, and Lighthouse Canton Group. The company's position in the Internet and Real Estate industries, combined with strong financial backings, enhances the scalability and growth potential for this innovative platform.