Fast-growing PropTech firm Housr has opened a US HQ in Chicago.
The business recently secured $10m in private financing, including strategic participation from Ashta Capital and Juniper Equity, Texas-based private investment firms that invest in growth-oriented operating companies.
The Chicago base will act as Housr’s US HQ and its third regional office, bringing the company’s total footprint to four sites globally.
The company was founded in 2021 by Harry Panter and Ben Clayton while studying at the University of Manchester.
CEO Harry Panter said: “We’re building a platform designed to transform how students rent and interact with their living experience.
“Expanding into the US is a major milestone for us, and Chicago provides the ideal environment to scale our operations and continue that growth journey.
“Our growth trajectory and recent investment reflect the scale of opportunity ahead, particularly in the US where demand for a more integrated, digital-first rental experience is rapidly increasing.”
Talking about LEVEL’s first transatlantic deal, Joe Averill said: “Housr is a business with clear momentum and ambition.
“The brief was to find a space that not only supports their current team but also reflects where the business is heading.”