Stayawhile provides "medium-term housing" positioned between hotels/Airbnb and long-term apartment leases, targeting vacations and business travelers who want to stay in a city for weeks or months. The company soft-launched after operating in stealth and has created four prototype spaces in New York City. It currently has a headcount of six and plans to use new funding to expand staffing and furnish rentals. Pricing is roughly $1,000 per week, with a $200 application fee and a possible membership fee under consideration; the company may also negotiate deals for longer stays. Stayawhile has brand partnerships with Crate & Barrel, Leesa Mattress and Parachute Bedding, which the company views as potential secondary revenue streams. The startup will begin accepting reservations in NYC and Boston next month, expand to Washington D.C. and San Francisco in the fall, and enter London, Paris and Los Angeles next year.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2017