LBS Incubator 'Flat-Club': One of the UK’s most promising startups
18 Jul 2012
Last week, Flat-Club (www.flat-club.com), an online marketplace to help alumni & students of top universities find short term accommodation by leveraging existing social networks to create trust, was selected as one the UK’s most promising start-ups in two competitions.
The first is Startups100 - a list of the most exciting start-ups in the UK. Flat-Club was selected for the accolade: “Despite university students and alumni increasingly inhabiting a transient world in which they pursue internships, exchanges, relocation, projects and travel, the accommodation solution was lacking...The solution is Flat-Club, a marketplace that leverages social networks to find spare rooms and flats at up to 80% cheaper than hotels for the alumni and students of top universities.”
The second is the Pitch80 best small business competition where Flat-Club was selected to represent England in the UK final.
Flat-Club is a member of the London Business School Incubator and was founded by two London Business School alumni: Nitzan Yudan (MBA2011) and Tomer Kalish (MBA2010).
In the last year Flat-Club helped London Business School hosts make extra income of over £100,000 and helped guests from LBS save over £500,000 on hotel prices by booking short-term accommodation apartments and rooms.