An Israeli entrepreneur has secured over £1 million from private investors for his award-winning UK-based property company.
Nitzan Yudan, founder of Flat-Club, which helps young professionals find short-term accommodation by renting through their trusted social networks, says the funding will boost the company’s global presence.
“It’s a great milestone,” said Mr Yudan, who also received £25,000 as winner of the JC’s Young Entrepreneurs’ Challenge this year. “We now have 10,000 properties on our website but we’re hoping to take that figure to 30,000 by the end of next year — from across Europe to the Dominican Republic.”
Mr Yudan shared his secrets to start-up success at a Young UJIA property fundraising dinner last month.
