# Alex Chatzieleftheriou

> Alex Chatzieleftheriou is the co-founder and CEO of Blueground, the largest global operator of furnished, flexible rentals for stays of 30 days and longer. After five years as a McKinsey consultant living out of hotel rooms across a dozen cities, he set up his first furnished apartment in Athens in 2013 with 20,000 euros from his mother, then moved to Seoul to work at Samsung and fund the company on the side. Blueground now runs more than 20,000 apartments across 40-plus cities in 17 countries, posted 560 million dollars in 2023 revenue, and raised a 45 million dollar Series D in 2024.

- **Role:** Co-Founder and CEO at Blueground
- **Organizations:** Blueground, McKinsey & Company, Samsung Electronics, Endeavor
- **From:** Greece
- **Nationality:** Greek
- **Education:** MBA, INSEAD
- **Known for:** Built Blueground into the largest global operator of furnished, flexible 30+ day rentals, Grew the company to more than 20,000 apartments across 40-plus cities in 17 countries, Reached 560 million dollars in annual revenue (2023), up 70% year over year

## Career timeline

- **Pre-2013** — Business analyst and engagement manager at McKinsey & Company, traveling across roughly 12 cities over five years
- **2013** — Co-founded Blueground (originally C&V Housing) and set up apartment #1 in Athens with 20,000 euros from his mother as first investor
- **2013-2015** — Moved to Seoul to work as Associate Principal in Samsung Electronics' strategy group while fundraising for Blueground on the side
- **2015** — Selected into the Endeavor Entrepreneur program
- **2019** — Blueground raised roughly 50 million dollars to expand its furnished-apartment network
- **2021** — Blueground reached a valuation of around 750 million dollars
- **2023** — Blueground posted 560 million dollars in revenue, up 70% year over year; grew to 15,000 apartments across 32 markets
- **2024** — Raised a 45 million dollar Series D led by Susquehanna with WestCap; surpassed 20,000 homes across 40-plus cities and expanded into franchising in Japan and Thailand

## Achievements

- Built Blueground into the largest global operator of furnished, flexible 30+ day rentals
- Grew the company to more than 20,000 apartments across 40-plus cities in 17 countries
- Reached 560 million dollars in annual revenue (2023), up 70% year over year
- Raised roughly 295 million dollars in total funding, including a 45 million dollar Series D in 2024
- Led acquisitions of Tabas (Brazil), Travelers Haven (US) and Nestpick
- Selected as an Endeavor Entrepreneur (2015)

## Latest updates

- **2024-03** — Blueground raised a 45 million dollar Series D led by Susquehanna, alongside a debt facility from Barclays, Morgan Stanley, Deutsche Bank and HSBC.
- **2024-01** — Company surpassed 20,000 homes across 40-plus cities and pushed into franchising partnerships in Japan and Thailand.

## Links

- Website: https://www.theblueground.com
- LinkedIn: https://www.linkedin.com/in/alexandroschatzieleftheriou/
- Twitter/X: https://twitter.com/theblueground
- Instagram: https://www.instagram.com/theblueground/
- Facebook: https://facebook.com/theblueground/

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Profile page: https://yespress.io/alex-chatzieleftheriou
Published by YesPress — https://yespress.io
Last updated: 2026-08-07