Interview

March 26, 2020

Coronavirus real estate slowdown hits Badi hard

Spare-room rental app Badi slashes revenue forecasts due to coronavirus real estate slowdown, but opportunities lie ahead.


Tim Smith

5 min read

2020 was going to be Badi’s big year. After establishing their spare-room booking app in Madrid, Berlin, London and Paris, the Barcelona-headquartered startup announced it was opening up shop in New York and was beginning to generate revenue for the first time. Now, a coronavirus real estate slowdown has stopped Badi in its tracks.

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Badi
Badi’s 120 employees are now all working remotely.
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Badi user interface
Badi has already helped more than 60,000 people in Europe find their new home.
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Tim Smith

Tim Smith was news editor at Sifted. He covered deeptech and AI, and produced Startup Europe — The Sifted Podcast . Follow him on X and LinkedIn

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