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Badi gets $30M for AI-aided room rentals

Natasha Lomas
Badi gets $30M for AI-aided room rentals

Barcelona-based urban room rental startup Badi thinks so, and it's just closed a $30M Series B funding round less than a year after a $10M Series A -- suggesting algorithm-aided matchmaking is resonating with its target Millennial(ish) 'Generation Rent' demographic, as they hunt for their next flatmate. Badi also tells us it passed one million registered users last November, up from around 700,000 in February 2018. Badi CEO and founder Carlos Pierre points to estimates that by 2050 the total population living in cities will increase from 54% to 66%.