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Blueground Raises $180 Million in New Funding to Accelerate Growth as Demand Rises for Flexible Rentals

– Blueground announced that it has raised $180m in Series C financing. – In this round, Blueground raised $140m in equity financing led by WestCap, with participation from Geolo Capital, VentureFriends, and Prime Ventures. – In addition, Blueground raised a $40m debt facility from Silicon Valley Bank. – Together with this new round, Blueground has raised a total of $258m. – With more than 5,000 apartments across 15 major cities globally, Blueground is reinventing the future of living by making apartments available globally for people where they want, when they want, on the terms they want. – Through its network of beautifully designed and fully furnished apartments, guests are able to stay in some of the most desirable neighborhoods and cities throughout the world for a month, a year, or more.