Student Housing
Fllat x Boom
Fllat enhances screening and scales seamlessly with Boom.
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This case study is based on an interview with Edi Nisenbaum, Vice President of Operations at Fllat. All quotes are attributed to him unless stated otherwise.
Fllat enhances screening and scales seamlessly with Boom.
This case study is based on an interview with Edi Nisenbaum, Vice President of Operations at Fllat. All quotes are attributed to him unless stated otherwise.
Fllat is one of North America’s largest co-living operators, with a portfolio spanning the U.S., Canada, and the U.K. Their U.S. footprint alone boasts nearly 1,000 beds across eight major cities, including New York, Chicago, and Boston. Globally, they manage over 4,000 beds. Focused on providing affordable, comfortable housing, Fllat serves a diverse demographic of international students, young professionals, and individuals new to co-living environments.“Our housing option is meant to be more affordable. We want to make sure people can access our rooms,” Edi shared.
Safety and comfort are also paramount, as many residents are experiencing co-living or independent housing for the first time. Fllat’s commitment to creating a safe, comfortable environment means tenant screening plays a critical role in their operations. Their rapid expansion and increasing volume of applications required a robust and scalable solution. That’s where Boom came in.
“The combination of pricing, ease of use, reporting capabilities, and add-on features makes Boom an excellent choice. It’s a night-and-day difference from our previous provider. Boom has met all our needs and done so within budget. We’re very satisfied.”
With Boom, renters can build their credit over time as they make consistent, on-time rental payments.
Boom reports rent payments to all three major credit bureaus—Experian, Equifax, and TransUnion.
All renters using Boom can track their reported payments and credit score progress via the Boom app.
Customer support for you, your applicants, and your renters in minutes, not days.
As a CRA, Boom handles all screening report disputes, requests for report copies, and requests for data updates,
English and Spanish support for your renters—and more languages coming soon.
At Boom, our goal is to make housing more flexible, affordable, and rewarding.
Boom was started in late 2020 as one of our co-founders, Rob Whiting, helped two of his family members navigate housing instability due to
COVID-19 - related job loss. During this time, he saw just how archaic and difficult renting remains for the majority of the 110 million renters in the US like his family members. And the rent payment is at the center of this.
Not only has rent increased >4x faster than income for the majority of renters since the early 2000s, but the tools available to renters and landlords alike has similarly stagnated. Rent remains one large lump sum, with no additional benefits on top of paying rent - a fact that can make renting feel like money down the drain. At Boom, we believe that housing can be more flexible, affordable, and rewarding. We’ve started by enabling you to build credit with the rent payments you already make.
Starting Line
Ezra Galston
Clocktower Ventures
Ben Savage
Company Ventures
Matt Harrigan
Gilgamesh Ventures
Andrew Endicott & Miguel Armaza
Chingona Ventures
Samara Hernandez
Affirm syndicate
Jeffrey Shu
William Hockey
Plaid co-founder
Zach Perret
Plaid co-founder
Siesta Ventures
Pau Sabria (Olapic co-founder)
Sergio Furio
Creditas founder
Misha Esipov
Nova Credit co-founder
Cyril Berdugo & Tom Petit
Landis co-founders
Will Lucas
Mint House co-founder
Todd Benson
Citi private equity co-founder
Fllat is a leading coliving provider, operating across the US and the UK. The Fllat team is dedicated to transforming the outdated residential leasing sector to make the rental process simple, affordable, and flexible for students and young professionals.Fllat is an asset-light business, helping landlords achieve 100% occupancy through its tech-enabled leasing platform and assisting students and young professionals to have access to flexible and affordable housing. Today, Fllat offers a unique and upscale coliving experience to 1000 + tenants globally.Their residents not only enjoy our beautiful, fully furnished rooms but also their luxurious highrise buildings with high-end amenities such as a fitness center and concierge. Each room is equipped with a large-screen smart TV, high-speed internet, a work desk, and a comfortable bed.
Boom is on a mission to level the playing field for the 110+ million renters in the US by making housing more flexible, affordable, and rewarding. Boom is building a suite of rental financial services for renters and property managers, including rent payment reporting, rent reporting-as-a-service, and a number of integrations for the largest property management systems (PMS). Now serving thousands of renters, Boom is led by second-time founders Rob Whiting (ex-BCG, Rubicon) and Kirill Moizik (ex-Eco, Technion, Grubhub).