UK-based student accommodation company Student.com, which recently bagged an extra $10 million funding as part of its Series C extension, has completed over $600 million in gross booking value to date.
The company expects to hit $1 billion completed gross booking value by the end of 2019, following its growth last year.
The latest round led by CITIC Capital brings total funding to $80 million to date.
Student.com will use the funds to upgrade its technology solutions including the systemisation of the native application experience, improve the intelligent service level of the platform via the application of Artificial Intelligence.