Ukio
Barcelona, ES · 6 known investors
Barcelona-based proptech renting design-forward furnished apartments across European cities for stays of one month or more.
Also known as Stay Ukio · UKIO SPAIN S.L
Founders & leadership
Investors · 6
Also in the syndicate · 5
Company profile
researched Aug 2026Ukio is a Barcelona-based proptech company that rents fully furnished and serviced apartments for stays of one month or longer, positioning itself as an alternative to both traditional long-term residential leases and hotel or short-let stays. Bookings are made directly through its online platform, and the monthly price bundles utilities (including broadband and electricity), taxes and services; properties include concierge and reception provision, with some also offering weekly cleaning and linen and towel replacement. Tenants make a single recurring monthly payment to Ukio, which handles maintenance and property management. Stays are supported from one to 11 months, with an average length of stay of four to five months, and guests can extend through the platform.
Apartments are furnished by teams of local designers, powered by renewable energy and furnished with items from eco-friendly suppliers, according to the company. As of November 2022 Ukio listed 500+ curated apartments (TechCrunch reported 400-plus listed properties, of which 210 in Barcelona and 125 in Madrid), located in Barcelona, Madrid, Lisbon and Berlin, with monthly rents from roughly €1,750 up to €5,000. The company was building proprietary software for supply sourcing and for features such as an automated monthly rental subscription, and was developing a B2B offering aimed at internationally expanding companies.
Founding story
Ukio was founded in Barcelona in 2020 by brothers Jeremy Fourteau, previously at Headspace, and Stanley Fourteau, previously at Airbnb, with the stated aim of serving a new generation of flexible and remote workers whose needs, in the founders' view, were not met by traditional residential real estate contracts.
Business model
Ukio leases apartments from property owners, furnishes and services them, and re-lets them to individual tenants on flexible monthly terms booked through its platform. It typically signs seven- to 10-year lease agreements with landlords while retaining a one-year obligation on its own side, after which it can exit with 45 days' notice, giving owners a long-term income stream while limiting Ukio's exposure to underperforming units. A B2B service for internationally growing businesses was under development as of late 2022.
Revenue comes from recurring monthly rental payments made directly by guests to Ukio, priced at a premium to the traditional rental market and inclusive of utilities, taxes and hospitality-style services; the cheapest apartments started at around €1,750 per month and ranged up to €5,000 as of November 2022.
Traction
Ukio reported 7x year-on-year revenue growth since the start of 2022 and a 96% occupancy rate, with 500+ curated apartments listed (TechCrunch cited 400-plus, including 210 in Barcelona and 125 in Madrid) and a team of about 120 people across Europe.
Latest developments
In November 2022 Ukio announced a €27 million ($28 million) Series A comprising €17 million equity and €10 million debt, led by Felix Capital with participation from Kreos Capital, Breega, Partech, Heartcore, Bynd and angel investors, earmarked for platform investment, hiring technical and on-the-ground staff, a B2B product, and expansion into Paris, Dublin, Milan and London.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Ukio operates in the flexible and furnished mid-term rental segment, which its lead investor and press coverage characterise as a roughly €30 billion / $30 billion European opportunity, and which has drawn funding to comparable platforms such as Landing, Zumper and Blueground; French startup FlexLiving is cited as a smaller European competitor. Ukio has stated it intends to remain focused on Europe for the foreseeable future.
Ukio combines a single all-inclusive monthly payment and digital booking with hospitality-style services and locally designed, renewable-energy-powered apartments, removing long-term contracts, security deposits and furniture purchases; its lease structure offers landlords multi-year income while giving Ukio an early exit option, and it relies on proprietary sourcing and subscription software rather than third-party listing channels.
Technology
The company develops proprietary software for both supply and demand sides: data-driven tools to source off-market apartments against defined criteria in prime city locations, a booking and stay-extension platform, and an automated monthly rental subscription. A Catalan government startup directory categorises its technology as AI and big data.
Go-to-market
Supply acquisition follows a multi-pronged strategy targeting individual property owners, real estate developers and family offices, initially through outbound outreach combined with local real estate expertise so that a pipeline of apartments can be assembled when Ukio enters a new city; in cities live for more than a year, inbound landlord leads had reached roughly 60% of leads versus 40% outbound. Guests book directly via the company's online platform.
Remote, flexible and relocating professionals who need housing for one to eleven months, including people sampling a city before committing to a long-term lease and those bridging a move for a new job; the company was also building a B2B offering for international companies housing employees.
Geography
Headquartered in Barcelona, with offices in Madrid and Lisbon and apartments live in Barcelona, Madrid, Lisbon and Berlin as of November 2022; Paris, Milan, London and Dublin were announced as planned expansion markets, alongside broader Western European expansion targeted by the end of 2023.
History
After launching in Barcelona in 2020, Ukio raised a €9 million seed round announced in September 2021, led by Breega with participation from Heartcore, Partech and angel investors including Iñaki Berenguer (CoverWallet) and Avi Meir (TravelPerk). By November 2022 it had opened operations in Madrid, Lisbon and Berlin, grown its team to about 120 people across Europe, and raised a €27 million Series A (€17 million equity, €10 million debt) led by Felix Capital, with plans to enter Paris, Milan, London and Dublin.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsSeries A of €27 million ($28 million), split into €17 million equity and €10 million debt, led by Felix Capital with Kreos Capital, Breega, Partech, Heartcore, Bynd and angel investors; proceeds allocated to hiring, platform development, a B2B product and expansion across Western Europe.
$28M source ↗
Following the Series A, Ukio announced plans to extend beyond Barcelona, Madrid, Lisbon and Berlin into Paris, Milan, London and Dublin, and more widely across Western Europe by the end of 2023.
Seed round reported at €9 million / nine million dollars, led by Breega with Heartcore, Partech and angel investors Iñaki Berenguer and Avi Meir.
$9M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 6
primary sources listed
- Ukio raises €27 million in Series A funding roundshorttermrentalz.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Ukio do?
- Barcelona-based proptech renting design-forward furnished apartments across European cities for stays of one month or more.
- Who founded Ukio?
- Ukio was founded by Stanley Fourteau, Stanley F..
- Who are Ukio's investors?
- Ukio's investors include FELIX CAPITAL.
- Where is Ukio headquartered?
- Ukio is headquartered in Barcelona, ES.