Aboda
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Aboda - overview
Established
1988
Location
Woodinville, WA, US
Primary Industry
Business Support Services
About
Aboda provides tailored global housing solutions, specializing in corporate housing, temporary accommodations, and property management services to support businesses and employees during relocations. Founded in 1988 in Woodinville, US, Aboda specializes in global housing solutions, focusing on corporate housing and temporary accommodations. The company does not have any known subsidiaries or parent companies, nor has it undergone notable pivots in its business strategy. It has successfully secured funding, including a deal in December 2017 when WestBridge Capital acquired an indirect controlling interest in Aboda, Inc.
, with financial terms not disclosed. The current CEO and founder information is not available. ABODA specializes in global housing solutions, focusing primarily on corporate housing, temporary accommodations, furniture rental, property management, and cleaning services. Over nearly three decades, ABODA has established a robust inventory of fully furnished apartments designed to meet the needs of relocating employees and companies with temporary assignments.
This diverse array of offerings caters to corporate clients who require flexible housing solutions for their workforce in various geographical markets, including over 130 international cities. The company’s services are further tailored to accommodate special requests, enhancing the overall experience for end users, which include both corporate clients and their employees, as well as individuals seeking temporary housing. ABODA's revenue model is built around providing customized housing solutions and ancillary services to corporate clients, which typically involves B2B transactions. Clients engage ABODA to secure fully furnished apartments on a short-term basis, which are often rented for periods ranging from a few weeks to several months, depending on the client's needs.
Revenue is generated through these rental agreements, supplemented by additional services such as furniture rental and cleaning services. While specific pricing plans are not disclosed, it is understood that fees are structured based on the duration of stay, the type of accommodation selected, and any additional services requested. This comprehensive service offering positions ABODA as a significant player in corporate housing, facilitating seamless relocation experiences for employees on behalf of their companies. ABODA's future growth strategy includes plans to expand its offerings by designing new products and services to enhance client experiences.
The company aims to target new geographic markets, expanding its presence in regions that demonstrate high demand for corporate housing solutions. The funding acquired in December 2017 will be utilized to support these expansion initiatives and enhance the overall service offerings of the company.
Current Investors
Westbridge Capital
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services
Website
www.aboda.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Aboda - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Aboda | - |
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