São Paulo ‘Yuca’ startup wants to change urban living and offers housing as a service

The company has just received a US$10 million investment to expand its portfolio of individual apartments.

RIO DE JANEIRO, BRAZIL - Yuca, a startup in the real estate market, has as its cornerstone the concept of sharing. Founded in 2019, the company rents rooms and apartments in the heart of the city of São Paulo to young people who are increasingly interested in living in large cities - and paying less for it.

Now the company has drawn new breath to continue its mission of uncomplicated urban living: a US$10 million investment - about R$50 million. The Series A round was led by venture capital fund Monashees, known for investing in unicorns like 99, Rappi, and . . .

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