Colette Club
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | <1m | 1.2m | 1.2m | 2.4m |
% growth | - | 268 % | 6 % | 94 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€1.0m | Angel | ||
€3.0m | Early VC | ||
Total Funding | $4.4m |
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Recent News about Colette Club
EditColette Club is a French startup operating in the housing market, specifically focusing on intergenerational cohabitation. The company's primary mission is to assist students and young professionals in finding affordable accommodation by connecting them with hosts who have spare rooms to rent. This unique business model addresses two significant societal issues: the rising cost of housing for young people and the loneliness experienced by older generations.
Colette Club operates on a platform-based business model, acting as a trusted intermediary between hosts and renters. The company's revenue is likely generated through service fees charged to both parties involved in the rental agreement. The platform is designed to ensure safety and trust, eliminating potential scams that are common in the housing market, particularly in large cities like Paris.
The startup serves two main types of clients: students and young professionals looking for affordable accommodation, and hosts, typically older individuals with spare rooms in their homes. By facilitating intergenerational cohabitation, Colette Club not only provides a solution to the housing crisis for young people but also offers companionship for the older generation, which can be a significant benefit for those living alone.
In summary, Colette Club is a socially conscious startup that leverages a platform-based business model to connect different generations, addressing housing affordability and loneliness issues. Its unique approach to tackling these societal problems could position it well for growth in the increasingly crowded housing market.
Keywords: Intergenerational Cohabitation, Affordable Housing, Platform-Based Business, Students, Young Professionals, Hosts, Rental Agreement, Social Impact, Housing Market, Trust and Safety.