Joivy
Joivy is a Milan-based European residential living platform unifying coliving, student housing, short-stay, multifamily, coworking, and real-estate investment across 7 countries, 50 cities, and ~4,000 managed units serving individual tenants and property owners.
- Company typePrivate
- Founded2007
- HeadquartersMilano, Italy
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Joivy does
Joivy, operating through its legal entity DoveVivo S.p.A. and headquartered in Milan, Italy, is a pan-European residential living platform formed by the unification of DoveVivo, ALTIDO, and Chez Nestor under a single brand in 2023 (rebranded February 2024). The company operates across 7 countries and 50 European cities, managing approximately 4,000 units and nearly 500,000 square meters of space through five integrated verticals: coliving and shared apartments, student housing (PBSA), short-stay/serviced apartments, multifamily housing, and community coworking (Open HUB Milan). It also runs Joivy Investments, a residential real-estate investment platform for individuals and institutions, launched in December 2023 in partnership with TECMA Solutions (technology) and CB'A Italia/WPP (branding).
The underlying technology stack is a multi-website digital property management platform (coliving.joivy.com, studenthousing.joivy.com, travel.joivy.com, joivybusiness.com, joivyinvestments.com) supporting online listing discovery, remote booking, digital contract signing, online rent payment, and a dedicated mobile app for tenant home management. Joivy generates revenue primarily through recurring monthly rents on long-stay coliving, student, and multifamily units, short-stay serviced-apartment bookings, managed-services fees on a network of approximately 2,000 property owners, and management/investment fees from the Joivy Investments platform. Backed by Starwood Capital Group, Tikehau Capital, and Tamburi Investment Partners since 2021, the company reported €110M in revenue and €160M in gross book value for 2023, with cumulative 190% revenue growth from 2020 to 2024 across a headcount of 450+ employees.
Joivy firmographics
Firmographics- Name
- Joivy
- Legal name
- DoveVivo S.p.A.
- Website
- https://joivy.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Joivy is a Milan-based European residential living platform unifying coliving, student housing, short-stay, multifamily, coworking, and real-estate investment across 7 countries, 50 cities, and ~4,000 managed units serving individual tenants and property owners.
- Ownership category
- akta.pro rank
Joivy industry classification
Industry- Product category
- Residential Rental and Property Management
- NAICS
- Services to Buildings and Dwellings (5617), Other Services to Buildings and Dwellings (56179)
- SIC
- Operators Of Apartment Buildings (6513), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Services-Facilities Support Management Services (8744), Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Student/Academic Serviced Residences (THAGAEAF)
- akta.pro secondary industries
- Student & Academic Term Monthly Housing (THAMAFAH), Luxury Serviced Residences (THAGAEAJ), Student Residence Halls & Dormitory Management (On-/Near-Campus) (EDAIALAB), Housing Facilities Management (Repairs, Custodial & Grounds Liaison) (EDALACAE), Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)
Keywords
Where Joivy is headquartered
LocationHeadquarters
- HQ city
- Milano
- HQ country
- Italy
- HQ region
- Europe
Offices2 records
Markets served
Joivy business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Long-Stay Rental (Coliving & Shared Apartments): Revenue from fully furnished rooms and shared apartments rented to young professionals and students for medium to long-term stays. Rent is charged monthly; contracts can evolve from short to long term based on tenant needs.
- Student Housing & PBSA: Revenue from student residence campuses offering single, double, or private apartment solutions. Operated under studenthousing.joivy.com.
- Short-Stay & Serviced Apartments (Vacation & Corporate Travel): Revenue from short-term rentals including serviced apartments and vacation properties. Joivy manages approximately 1,000 short-stay units across Europe. Pacifico Suites in Madrid (21 studio suites) launched in 2025 for corporate and tourism stays.
- Property Management Fees: Joivy charges property owners for full-service property management including administrative/bureaucratic handling, renovation/make-readies, marketing, ongoing maintenance, and tenant support.
- Multifamily Housing: Furnished apartments for couples and families, offered as long-term rentals with tailored solutions.
- Community HUB & Coworking: Revenue from Open HUB coworking space in Milan (1,500 sqm indoor + 180 sqm terrace), hosting approximately 300 professionals and serving as headquarters for DoveVivo, DoveVivo Campus, ALTIDO, and Rinnow.
- Real Estate Investment Platform (Joivy Investments): Platform connecting property owners and investors for residential real estate investment. Joivy Investments facilitates buy-to-rent projects, property acquisition, renovation, and professional rental management. First Buy-to-Rent deal completed in Milan (Via Savona) in 2024. Initial focus on Italy with international expansion planned.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Fully Furnished Rooms in Shared Apartments (Coliving) |
| Subscription | Monthly | Private Studios and Apartments (Multifamily) |
| Unit Pricing | Monthly | Per-Room Pricing by City (Short-Term) |
| Subscription | Monthly | Short-Stay Serviced Apartments (Pacifico Suites) |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Joivy product offering
Product offeringCore offering
Joivy operates a European residential platform that provides furnished, fully managed coliving rooms, student residences, short-stay serviced apartments, multifamily housing, and coworking spaces to individual tenants across 50 cities in 7 countries. The company also offers full-service property management, Design&Build renovation, and a real estate investment platform (Joivy Investments) to property owners and institutional investors.
Product overview
Joivy is a unified living platform that combines coliving, student housing, short-term vacation rentals, multifamily apartments, and coworking spaces under one brand. The platform serves both end-users seeking flexible housing solutions and property owners/investors seeking comprehensive management services. The ecosystem includes the main Joivy platform for consumer-facing services, Joivy Business for B2B property management offerings, and Joivy Investments for real estate investment opportunities. The company operates across 7 countries in 50 European cities, managing approximately 4,000 units with services spanning the entire property lifecycle from acquisition through renovation and ongoing management.
Differentiator
Problem solved
Functional benefit
Brands
- Joivy Investments: Investment platform for individuals and institutions in the residential real estate sector, supported by an international network of more than 2,000 property owners.
- Open
- Hintown
- Rinnow!
- Cirav
- ALTIDO
Quantifiable outcome
- Revenue tripled from €40M (2021) to €110M (2023)
- +4 more outcomes
Companies that use Joivy
Customer profileNamed customers2 records
Segments6 records
Ideal customer profiles2 records
Joivy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
Joivy partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- TECMA SolutionscoreTechnology partner that developed the technological infrastructure, website, management software, and digital platform for Joivy Investments. TECMA Solutions is a company listed on the Italian Stock Exchange specializing in real estate business innovation technology. The partnership ensures the platform reflects the company's professionalism and futuristic vision.
- CB'A Italia (WPP)coreBranding and creative agency that created the logo and visual identity for Joivy Investments, aligned with Joivy's brand identity. CB'A Italia is part of WPP, a global leader in communication services.
Scale indicators9 records
Recent moves12 records
Expansion highlights6 records
Joivy competitors and assessment
Company assessmentDirect peers
- Habyt: Berlin-based European coliving and flex-living operator with furnished apartments across multiple European cities. Directly comparable to Joivy's coliving and short-stay offerings, targeting a similar young professional and mobile-worker customer base with a hybrid living model.
- The Collective: London-headquartered original coliving operator with properties across the UK and Europe. Comparable to Joivy's coliving and serviced apartment offerings, with overlapping customer segments in young professionals and students.
- Quarters: European coliving and serviced apartment operator with a presence in Germany, Switzerland, and Dubai. Directly competes with Joivy in the furnished shared-apartment segment and offers a similar community-driven living experience.
- Medici Living Group: European co-living and Purpose-Built Student Accommodation (PBSA) operator active across Germany, Spain, and other European markets. Comparable to Joivy's coliving and student housing lines, though it has experienced significant financial and operational difficulties in recent years.
- Blueground: Global operator of furnished, serviced apartments available for monthly stays across 30+ cities in Europe, the Middle East, and North America. Directly comparable to Joivy's multifamily and short-term furnished rental offerings for business travelers and relocating professionals.
- Nido Living: Pan-European PBSA (Purpose-Built Student Accommodation) operator with student residences in Spain, Portugal, Ireland, and the UK. Closely comparable to Joivy's student housing / campus segment under Joivy Campus Udine and DoveVivo Campus.
- Student.com: Global online student housing marketplace connecting international students with PBSA and private accommodation worldwide. Comparable to Joivy's student housing demand-generation channel, though Student.com is marketplace-only and does not operate the properties itself.
- Wunderflats: Berlin-based furnished mid-term rental platform operating across Germany and other European markets, offering 30-day-plus stays for business travelers and relocating professionals. Comparable to Joivy's multifamily and short-term furnished rental segments.
Broad incumbents
- IWG (Regus, Spaces): World's largest provider of flexible workspace, operating the Regus, Spaces, and HQ brands globally. Comparable to Joivy's Open HUB coworking/community offering as a broader incumbent in the flexible-workspace category, though IWG is far larger and pure-play on workspace.
- Greystar Real Estate Partners: Global leader in student housing (PBSA) and multifamily rental housing, managing ~$320B of assets across the US, UK, and Continental Europe. Comparable to Joivy as a broad incumbent in PBSA and multifamily, with materially greater scale and a longer operating track record.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Joivy social profiles
Digital presenceJoivy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Joivy leadership team
Management profileNumber of profiles
Profiles5 records
Joivy subsidiaries and ownership
Company hierarchySubsidiaries6 records
Joivy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Joivy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Joivy
What does Joivy do?
Joivy operates a European residential platform that provides furnished, fully managed coliving rooms, student residences, short-stay serviced apartments, multifamily housing, and coworking spaces to individual tenants across 50 cities in 7 countries. The company also offers full-service property management, Design&Build renovation, and a real estate investment platform (Joivy Investments) to property owners and institutional investors.
Is Joivy a public or private company?
Joivy is a private company. It is classified as venture growth investor backed and is currently operating.
When was Joivy founded?
Joivy was founded in 2007. It employs 101 to 250 people.
Where is Joivy based?
Joivy is headquartered in Milano, Italy, in the Europe region.
How does Joivy make money?
Seven revenue lines are on record. Long-Stay Rental (Coliving & Shared Apartments) is the primary driver. The others are student Housing & PBSA, short-Stay & Serviced Apartments (Vacation & Corporate Travel), property Management Fees, multifamily Housing, community HUB & Coworking and real Estate Investment Platform (Joivy Investments).
Who are Joivy's main competitors?
Direct peers on record are Habyt, The Collective, Quarters, Medici Living Group, Blueground, Nido Living, Student.com and Wunderflats. Broad incumbents are IWG (Regus, Spaces) and Greystar Real Estate Partners.
Does Joivy have an API?
No public API is recorded for Joivy.
What industry is Joivy in?
Joivy's product category is Residential Rental and Property Management. Its primary akta.pro industry code is THAGAEAF, Student/Academic Serviced Residences, with a secondary code of THAMAFAH, Student & Academic Term Monthly Housing. Its NAICS code is 5617 and its SIC code is 6513.