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Property management Startup blueground secured 1,2 million Euro from VentureFriends

May 13, 2016 • DEALS, STARTUPS

Investment of 1,200,000 euro secured by blueground from VentureFriends.

The blueground founded in 2013 and its main activity is the promotion, management and configuration of residential property with the support of technology on behalf of the owners who want to rent them. The blueground manages more than 350 properties in Greece and Istanbul.

The blueground take all the necessary work and support of property owners such as promotion with ads, cleaning, customer communications, landscape design etc. In this way the owners increase their net income by 30% to 50% and save time. While those seeking accommodation through blueground residential, recreation or accommodation within a business trip enjoy high quality accommodations and guaranteed quality.

Co-founder blueground, Alexander Chatzieleftheriou states: “This Investment of VentureFriends will strengthen blueground presence in Greece and Turkey, and will be used to expand in Dubai and to further develop our technology.”

The adviser of VentureFriends Apostolos Apostolakis said: “We are excited about the development of the company in Greece and the trust property owners shows in blueground. At the same time we believe even more in the company’s perspective after the successful opening of the Turkish market and the expected expansion in Dubai. “

Finally, we should mention that blueground participating in the program for innovative and extrovert entrepreneurship for Startups, NBG Business Seeds of National Bank of Greece.

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blueground, venturefriends
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