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- Stanza Living
Stanza Living Revenue, Valuation, Funding & Investors
Stanza Living is valued at $468M as of May 2024, a 10.0x multiple on its last reported $47M revenue.
Last Stanza Living valuation
$468M
Undisclosed stage · May 2024
Last Stanza Living funding round
$13M
Undisclosed stage · May 2024
Stanza Living revenue
$47M
Undisclosed stage · May 2024
Key investors in Stanza Living
Peak XV Partners
Z47
Accel
Alpha Wave Global
Sequoia Capital
Alpha Wave Incubation
About Stanza Living
Stanza Living is a New Delhi-headquartered operator of managed student housing and co-living spaces across India. The company manages 55,000 beds in 14 cities including Bangalore, Pune, Delhi-NCR, and Chennai. Stanza Living offers tech-enabled amenities like app-based services for maintenance, meals, and community events tailored to university students and young professionals. Founded in 2017, it partners with institutional landlords and serves over 100 colleges.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Usage-based
Revenue
$47M (May 2024)
Valuation
$468M (May 2024)
Sectors
Stanza Living Valuation
Stanza Living is currently valued at $468M, based on its undisclosed-stage round in May 2024.
The $13M round was led by Alpha Wave Global, with participation from Z47, Accel and Peak XV Partners.
Stanza Living's valuation has moved from $485M at its Series D in April 2021 to $468M in May 2024, across 2 priced rounds.
Stanza Living valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2024 | Undisclosed stage | $468M | 10.0x |
| Apr 2021 | Series D | $485M | 7.8x |
Stanza Living Revenue
Stanza Living's latest recorded revenue is $47M, as of its undisclosed-stage round in May 2024. At a $468M valuation, that implies a 10.0x revenue multiple.
Revenue moved from $62M in April 2021 to $47M in May 2024, while the revenue multiple moved from 7.8x to 10.0x.
Stanza Living revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2024 | $47M | $468M | 10.0x | Undisclosed stage |
| Apr 2021 | $62M | $485M | 7.8x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Stanza Living Funding History
Stanza Living has raised a total of $175M across 4 funding rounds.
Stanza Living's first fundraising round was a $10M Series A in September 2018. The most recent completed round was a $13M undisclosed-stage round in May 2024.
Stanza Living funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2024 | Undisclosed stage | Alpha Wave Global (lead); Z47; Accel; Peak XV Partners | $13M | $468M | Stanza Living operates as a managed housing platform offering co-living options to students and working professionals across 24 cities, with an inventory of over 75,000 beds in more than 450 residences. In May 2024, Stanza Living raised Rs 110 crore ($13 million) in a bridge round led by Alpha Wave Global, which contributed Rs 83 crore, while Accel India, Peak XV Partners (formerly Matrix Partners), and others invested Rs 27 crore through issuance of 1,207 preference shares at Rs 911,440.17 each. The post-money valuation reached Rs 3,900 crore ($470 million), up slightly from Rs 3,525 crore ($424 million) in the prior round. The company's operating income grew from Rs 115 crore in FY22 to Rs 442 crore in FY23, though losses increased from Rs 417 crore to Rs 495 crore over the same period. Stanza Living has raised over $230 million in total debt and equity, including a $100 million equity round in April 2021 and $57 million debt in March 2022. |
| Apr 2021 | Series D | Alpha Wave Incubation (lead); Redwood Trust; Moraine; Z47; Peak XV Partners | $102M | $485M | Stanza Living, operated by DTwelve Spaces, is a Delhi-based managed co-living startup founded in 2017 by Sandeep Dalmia and Anindya Dutta, offering fully furnished shared accommodations for students and working professionals, including common spaces for recreation, networking, and food services across properties in multiple cities. The company raised approximately Rs 769.25 crore ($102 million) in its Series D growth funding round around April 2021, led by Alpha Wave Ventures (also referred to as Alpha Wave Incubation), with participation from Matrix Partners India (now Peak XV Partners), SCI Investments, Redwood Trust, and Moraine Master. Alpha Wave invested Rs 665.53 crore ($89 million) for 10 equity shares and 7,292 Series D CCPS shares allotted at a premium of Rs 9.11 lakh per share, while other investors received CCPS shares proportional to their contributions totaling the round size. The funds were aimed at expansion into new cities and increasing bed capacity, building on prior traction of 55,000 beds across 10 cities pre-pandemic and a Series C raise of $70 million in March 2020 led by Falcon Edge Capital (related to Alpha Wave) with Sequoia Capital, Matrix Partners, and Accel Partners. Stanza Living had previously acquired student accommodation platform YourShell in September 2020 and continued scaling, reaching over 75,000 beds in 450+ residences across 24 cities by later years amid co-living sector challenges. Subsequent developments include a $57 million debt round in March 2022 and a $13 million bridge equity round in May 2024 led by Alpha Wave with Matrix, Accel, and Peak XV. |
| Nov 2019 | Series C | Alpha Wave Global (lead); Equity International; Z47; Accel; Peak XV Partners | $50M | - | Stanza Living is a managed co-living operator focused on student and working professional accommodations in India, offering fully serviced residences with amenities and community experiences. In November 2019, the company raised $50 million in its Series C round led by Alpha Wave Global, with participation from Accel, Equity International, and Peak XV Partners (formerly Sequoia India), to scale operations and enhance service offerings. Earlier in March 2019, Stanza Living secured $4.4 million in debt financing from Alteria Capital for operational costs and expansion. Stanza Living has continued raising capital post-2019, including a May 2024 bridge round of INR 1,100,000,000 (about $13 million) led by Alpha Wave Global at a valuation of INR 3,900 crore (USD 470 million), bringing total funding to around $230-244 million across multiple rounds. The company has grown to over 75,000 beds in 450 residences and pursued acquisitions like Singularity Automation and YourShell to bolster its IoT and market presence. Additional debt rounds, such as $57 million co-led by Kotak and RBL Bank, supported further expansion. |
| Sep 2018 | Series A | Peak XV Partners (lead); Sequoia Capital (lead); Z47; Accel | $10M | - | Stanza Living is a technology-enabled student accommodation platform offering co-living spaces for students, with monthly prices ranging from INR 7,000 to INR 25,000. Founded in early 2017 by Sandeep Dalmia and Anindya Dutta, the company previously raised $2 million from Matrix Partners and Accel Partners in November 2017. In September 2018, it secured INR 73 crore ($10 million) in a funding round led by Sequoia Capital (now Peak XV Partners), with participation from Accel and Matrix Partners. The capital was allocated to expand to multiple markets, strengthen the core leadership team, onboard specialized talent, and advance technology for project management, operational efficiency, and personalized service delivery. The company aimed to achieve INR 20 crore in revenue by the end of 2019 and planned to grow its business 5-10 times over the next 12-18 months following the round. Stanza Living's full-stack model enables customized co-living spaces and services tailored to student needs in India's growing student housing market, where few startups focus on this segment. |
Who has invested in Stanza Living?
9 investors have backed Stanza Living across its funding rounds, including Peak XV Partners, Z47, Accel, Alpha Wave Global, Sequoia Capital and Alpha Wave Incubation.
Lead investors include Alpha Wave Global, Alpha Wave Incubation, Peak XV Partners and Sequoia Capital.
Stanza Living Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Sep 2018 | ||
| 4 | Lead | Sep 2018 | ||
| 3 | Participant | Sep 2018 | ||
| 2 | Lead | Nov 2019 | ||
| 1 | Participant | Nov 2019 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Lead | Sep 2018 | ||
This data is available for Pro users. Sign up to see all 9 Stanza Living investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Stanza Living
Stanza Living has acquired 2 companies to date.
Last acquisition by Stanza Living was on April 1st 2022. Stanza Living acquired Singularity Automation for undisclosed valuation.
Latest Acquisitions by Stanza Living
| Description | Singularity Automation is an IoT technology provider helping property management companies monitor and control thousands of assets across multiple cities. Its platform supports smart building operations in real estate and hospitality sectors. | YourShell is a provider of purpose-built student housing near universities in India, offering fully furnished rooms with amenities like Wi-Fi, laundry, and security. The Mumbai-based company manages properties around institutions such as IIT Bombay and Mumbai University, leasing options from single rooms to shared apartments for short and long terms. |
| HQ Country | ||
| HQ City | Bangalore | Delhi |
| Deal Date | 1 Apr 2022 | 17 Sep 2020 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Stanza Living acquisitions and their M&A valuation multiples. Start Free Trial | ||
Stanza Living Competitors
Stanza Living competitors include listed companies like Mountview Estates, Jadwa REIT Saudi, RE/MAX Holdings and Moura Dubeux, and private ones like Proudreed and McMakler.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $469M | - | ||
| Publicly listed | $96M | $42M | $461M | - | ||
| Publicly listed | $51M | $37M | $452M | - | ||
| Publicly listed | $292M | $74M | $452M | 1.0x | ||
| Publicly listed | $458M | $98M | $499M | 1.1x | ||
| Private | $46M | - | $436M | - |
Stanza Living Public Comps
Stanza Living is still privately-owned, but its public comps include Mountview Estates, Jadwa REIT Saudi, RE/MAX Holdings, Moura Dubeux, Electra Real Estate, Bonyan REIT, Lavvi, Gavia, LOG CP and Property Franchise Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $96M | $42M | 5.6x | - | 12.8x | - | |||
| $51M | $37M | 11.0x | - | 15.0x | - | |||
| $292M | $74M | 1.0x | 1.0x | 4.1x | 3.2x | |||
| $458M | $98M | 1.3x | 1.1x | 5.9x | 5.2x | |||
| ($5M) | ($25M) | (219.5x) | - | (39.6x) | - | |||
| $74M | $52M | 7.5x | - | 10.7x | - | |||
| $342M | $111M | 1.2x | 1.0x | 3.6x | 4.2x | |||
| $102M | $101M | 7.4x | - | 7.5x | - | |||
This data is available for Pro users. Sign up to see all Stanza Living competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Stanza Living
| When was Stanza Living founded? | Stanza Living was founded in 2017. |
| Where is Stanza Living headquartered? | Stanza Living is headquartered in New Delhi, India. |
| Is Stanza Living publicly listed? | No, Stanza Living is a private, VC-backed company. |
| What is Stanza Living's valuation? | Stanza Living was last valued at $468M in its undisclosed-stage round in May 2024. |
| How much funding has Stanza Living raised? | Stanza Living has raised $175M across 4 funding rounds. |
| What was Stanza Living's last funding round? | Stanza Living's last funding round was a $13M undisclosed-stage round in May 2024, led by Alpha Wave Global. |
| Who are Stanza Living's investors? | Stanza Living's investors include Z47, Peak XV Partners, Accel, Alpha Wave Global, Equity International, Redwood Trust, Sequoia Capital, Moraine and Alpha Wave Incubation. |
| What is Stanza Living's revenue? | Stanza Living's latest recorded revenue is $47M (May 2024). |
| What is Stanza Living's revenue multiple? | Stanza Living's latest valuation implies a 10.0x revenue multiple ($468M valuation on $47M of revenue). |
| Which companies are comparable to Stanza Living? | Companies comparable to Stanza Living include Proudreed, Mountview Estates, Jadwa REIT Saudi, RE/MAX Holdings, Moura Dubeux and McMakler. |
| How many companies has Stanza Living acquired? | Stanza Living has acquired 2 companies, including Singularity Automation and YourShell. |
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