Irwin Mitchell has advised Uniplaces in one of Europe’s largest Series A venture capital fundraising successes of 2015.
The pioneering Lisbon based startup was founded in 2012 by three former university classmates and has been billed as ‘the Airbnb of students’. Users of Uniplaces.com are able to search for and book affordable student accommodation safely and easily in locations all over the world. The website operates in 38 cities.
Uniplaces co-founder, Ben Grech, praised the support Uniplaces received from Irwin Mitchell in getting their business this far:
"They took time to really understand our aims and objectives and we feel confident that they have provided Uniplaces with the tools that it needs to continue its strategy for growth and expansion."
Helping Uniplaces Realise Their Plans
London Corporate partner, James Paton-Philip, was part of the Irwin Mitchell team advising Uniplaces.
James said "It has been a pleasure to have advised Uniplaces on this significant transaction. We were able to draw on the experience of our multi-disciplinary team of technology sector specialists to successfully complete what was a strategically important and high profile deal for the company."
The funding round was led by Atomico and included investments from Octopus Ventures and Shilling Capital Partners as well as a mix of existing and new angel investors, including veteran internet entrepreneur Alex Chesterman, who founded successful property website Zoopla in 2008.
The Future For Uniplaces
With significant new funding Uniplaces is now able to make substantial progress against its business plan and objectives and continue its global expansion. We very much look forward to being part of that journey with them.