Germany-based real estate and rental marketplace Housy is on an expansion drive and plans to rollout its services nationwide by the end of the year, the company announced in a news release.

Housy was founded in 2017 and operates a tenant-matching platform, allowing website users to create their own search profiles. Based on individual search criteria, tenants then receive “matching apartments” directly from the landlord without going through the hassle of mass viewings.

The Housy matching algorithm compares search profiles with available apartments and requirements set by the landlord. When there is a match between a tenant and a landlord, the said parties can get in touch, arrange a viewing, and send over necessary documents. The service is free for tenants.

The company, based in Kleinmachnow near Berlin, is keen on growing its regional coverage as, so far, their services are only available in certain parts of the country.

“Our goal is the complete coverage of Germany, which is something we want to have achieved by the end of 2019,” said Sebastian Melchert, who co-founded the company with Raymond Naseem. Melchert added that the start-up is interested in looking at new markets, too.

According to co-founder Naseem, the company is also focussed on drawing in investors. “The next round of financing is currently underway and should be completed by the end of 2019,” Naseem said.

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