University Cribs set to launch household bill splitting platform
Student accommodation platform's new service helps housemates combine and manage their gas, electricity, broadband and TV in one bill
University Cribs, the Startups 100-featured platform for finding university accommodation, is set to launch of a new household bill splitting platform.
Set to be available to every one of the company’s 40,000 student users in summer 2018, CribsBills gives housemates an easy way to combine and manage their gas, electricity, broadband and TV in one simple bill.
Founded in 2014 by Jack Jenkins, Daniel Jefferys, and Christian Samuel, University Cribs is an online student accommodation search engine listing rooms from major letting agents and hall providers in 30 university towns across the UK.
Today, the company has more than 150 clients across the UK, Japan, Ireland, and Germany, including Student Roost and Fresh Student Living.
In October 2017, the company launched a virtual reality property viewing service (CribsVR) enabling students to scope out potential houses free from the constraints of lectures and other commitments.
University Cribs has also recently appointed David Murray Hundley as its new chairman. He will oversee the ongoing growth of the company. Murray Hundley has worked for a number of start-ups including Hyperloop, My Training Passport, Borrow My Doggy and Crowdstacker.
The company clinched a £450,000 seed funding round in September 2017, which it has invested into developing new technologies – such as CribsBills and CribsVR – and opening up additional revenue streams.
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Samuel said: “The feature makes student billing easier by condensing utilities into one monthly bill which is then split equally between housemates.
“Through our in-depth research into the student market, we understand that household bills is the number one pain point for students whilst living at university.
“Online billing is in line with University Cribs’ mission is to simplify student housing. It will save students time, stress and any unexpected bills.”
Murray Hundley commented: “The company is on a mission to help students find the most suitable and affordable accommodation.”