What lanyard does

Lanyard is a New York-based corporate housing marketplace founded in summer 2020 by Nina Kleaveland, a hospitality-industry veteran who previously led corporate strategy at Wyndham Hotels & Resorts. The company connects employers with a nationwide network of housing partners—spanning furnished rentals, hotels, extended-stay suites, apartments, hostels, dormitories, and student housing—to source and manage temporary workforce accommodations. Lanyard does not own housing inventory; it operates a web-based platform (app.lanyardstays.com) that allows employers to submit housing requests, review sourced options, track bookings, and submit maintenance requests, backed by a proprietary database covering 3,000,000+ beds across the United States. The platform has facilitated over 300,000 bed nights cumulatively and is reported to reduce employer time spent on housing sourcing by 80%.

Lanyard's product surface includes industry-specific solutions for H-2B and J-1 visa programs, healthcare (including travel nursing on 13-week assignments), agriculture, dairy, manufacturing, construction, disaster relief, energy & utilities, sports teams, technology companies, intern programs, employee relocation, and large group deployments (5 to 500+ workers). Add-on services span furniture rental, soft goods packages, professional cleaning, contract management, consolidated invoicing, and site visit coordination. Pricing starts at $125 per bed per week and varies by market, housing type, length of stay, and bed count; the go-to-market motion is sales-led, with employers initiating requests through the website or HubSpot and an inside sales team guiding them through selection via phone and email.

Revenue is generated through (1) a percentage of total rent charged to employers via consolidated invoices, (2) a per-request sourcing fee credited toward the first rental payment when an employer proceeds, and (3) ancillary fees from furniture and soft goods packages. The company is private, headquartered at 27 E. 28th Street in New York, and has raised a single early-stage funding round (Brooklyn Bridge Ventures, Trinity West Ventures) in August 2023. Strategic channel and supply partnerships include visa-sponsoring organizations (Greenheart Exchange, Arkansas Global Connect), staffing and visa-program partners (e-Jam, People Services Connection, Resort Leaders, Seasonal Connect), cross-border payroll fintech (Blxckpay), and major housing-supply brands (Wyndham, Extended Stay America, Sonesta, PadSplit, Placemakr, Vacatia, Cozy Suites). Public customers include Omni La Mansion del Rio, Spirit Mountain, Lake House on Canandaigua, All Occasions Event Rental, and Flow Traders.

Name

lanyard

Legal name

Lanyard, A Shared Stay Inc.

Website

https://lanyardstays.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Lanyard is a New York-based corporate housing marketplace, founded in 2020, that connects employers with a nationwide network of housing partners to source and manage temporary workforce accommodations across 20+ industries including hospitality, healthcare, agriculture, manufacturing, and visa-sponsored seasonal programs.

Ownership category

akta.pro rank

Product category

Corporate Housing Services

NAICS

Rooming and Boarding Houses, Dormitories, and Workers' Camps (7213)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Project-Based Workforce Housing (Construction, Turnarounds, Field Teams) (THAMAHAB)

akta.pro secondary industries

Workforce & Contract Worker Monthly Housing (THAMAFAE), Corporate Extended-Stay Housing (Relocation & Project-Based) (THAMAFAA), Employee Relocation & Temporary Assignment Housing (THAMAHAA), Workforce/Project-Based Extended Stay (Industrial & Construction) (THAGAEAH)

Keywords

• Corporate housing sourcing
• Workforce housing marketplace
• Temporary employee housing
• Housing management platform
• Employer housing solutions

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Percentage of Rent: Lanyard charges employers a percentage of total rent, which is included in the consolidated invoice and total cost. They negotiate discounts and fee waivers with housing partners, which are passed on to employers.
2. Sourcing Fee: A fee charged per housing request that is credited toward the first rental payment when the employer decides to move forward with one of the sourced housing options.
3. Furniture and Soft Goods: Lanyard offers furniture rental and soft goods packages (linens, towels) for purchase, along with assistance with receiving, delivery and assembly through third-party providers.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Lanyard sources and manages temporary workforce housing for employers by connecting them with a nationwide network of housing partners, including furnished rentals, hotels, suites, apartments, hostels, dormitories, and student housing. The company handles the end-to-end process from intake to move-out, providing consolidated invoicing, furniture/soft goods add-ons, and dedicated account support for enterprise workforce deployments.

Product overview

Lanyard operates a unified corporate housing platform that connects employers with a nationwide network of housing partners to source and manage temporary workforce accommodations. The core platform consists of a Housing Request Management System for employers to submit requests, track bookings, and manage maintenance, backed by a Housing Partner Network offering access to millions of beds across diverse property types. Industry-specific solutions (H-2B, J-1, Healthcare, Manufacturing, Construction, etc.) build on this platform to address sector-specific housing requirements. Add-on services including furnishing, cleaning, contract management, invoicing, and site visit coordination enhance the core offering. The platform is accessible via web dashboard at app.lanyardstays.com.

Differentiator

Problem solved

Functional benefit

Products and services

• Lanyard Housing Platform A tech-driven corporate housing marketplace that connects employers with a nationwide network of housing partners, enabling sourcing, booking, and management of temporary workforce accommodations from a single platform.
• H-2B Housing Solutions Specialized housing services for H-2B seasonal workers including flexible accommodations for employers, staffing partners, and operations teams, with options ranging from 1 to 250+ beds in resort towns, rural locations, and major cities.
• J-1 Exchange Visitor Housing Corporate housing solutions for J-1 visa holders including exchange visitors, interns, and trainees, aligned with program timelines and seasonal workforce needs for multi-participant placements.
• Healthcare Workforce Housing Flexible corporate housing for healthcare workers including travel nurses on 13-week assignments, allied health professionals, locum tenens physicians, and hospital staffing deployments.
• Travel Nurse Housing Furnished rental solutions for travel nurses supporting 13-week contracts and extensions, with options across rural towns, regional healthcare hubs, and major cities.
• Agriculture Worker Housing Flexible workforce housing for seasonal agriculture crews, with coverage in rural and small-town locations nationwide, supporting 1 to 250+ beds.
• Manufacturing Workforce Housing Housing solutions for manufacturing teams ranging from 5 to 500+ workers, supporting plant startups, maintenance shutdowns, and production ramp-ups.
• Construction Worker Housing Workforce housing for construction crews, supervisors, and project teams with rapid deployment capabilities and rural market coverage.
• Intern Housing Solutions Housing services for intern programs including student housing, dormitory options, furnished rentals, and extended stay hotels with private or shared rooms.
• Employee Relocation Housing Temporary and extended-stay housing for relocating employees, supporting individual executive placements to full department relocations.
• Group Workforce Housing Large team housing solutions for groups of 5 to 250+, supporting project teams, training cohorts, expansion teams, and multi-department relocations.
• Disaster Relief Housing Rapid deployment housing for disaster relief workers supporting immediate response, utility restoration, insurance operations, and long-term recovery phases.
• Sports Team Housing Flexible housing for sports teams, athletes, and industry professionals supporting trades, training camps, tournaments, and front office relocations.
• Technology Company Housing Corporate housing for tech companies supporting relocation, onboarding, contract teams, and distributed workforce deployments.
• Furnishing Services Furniture rental and soft goods packages including linens, towels, and essentials, with assistance for receiving, delivery, and assembly through third-party providers.
• Cleaning Services Professional cleaning services to maintain properties in pristine condition throughout housing stays.

Quantifiable outcome

• 80% less time spent on housing
• +2 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• Greenheart ExchangecoreStrategic or Co-development Partner · 1 February 2026Designated BridgeUSA sponsor designated by the U.S. Department of State. Matches U.S. seasonal businesses with international J-1 visa participants from over 30 countries for cultural exchange programs lasting up to four months. Partnership helps organizations find housing for seasonal staff participating in exchange programs.
• Arkansas Global ConnectcoreStrategic or Co-development PartnerHelps U.S. employers meet workforce demands through H-2A and H-2B visa programs with focus on ethical recruitment, regulatory compliance, and seamless logistics. Supports both businesses and workers through the visa process.
• e-JamminorChannel Partner/ Reseller/ DistributorEmployment agency located in the Caribbean specializing in J-1 Work and Travel and H-2B visas. Connects employers with qualified international workers for seasonal employment programs.
• People Services ConnectionminorChannel Partner/ Reseller/ DistributorFormerly Vigo HR Consulting. Bridges U.S. companies with work visas and qualified candidates from Central and South America. Uses technology to shorten distance between employers and talent.
• Resort LeadersminorChannel Partner/ Reseller/ DistributorCultural exchange business connecting hospitality professionals with dream roles at high-end hotels and resorts across the U.S. Expert team with extensive experience in J-1 and H-2B programs within hospitality.
• Seasonal ConnectminorChannel Partner/ Reseller/ DistributorHospitality staffing solutions platform enabling employers to connect for opposite-season recruiting, search for workers, and access seasonal workforce data. No placement fees or set-up fees.
• BlxckpayminorStrategic or Co-development PartnerCross-border payroll fintech for H-2A and H-2B workers. Transforms payroll flows into compliant financial infrastructure enabling faster worker access to funds and increased employer efficiency.
• Cozy SuitesminorOthersExtended stay suite provider included in Lanyard's housing partner network
• Extended Stay AmericaminorOthersExtended stay hotel chain included in Lanyard's housing partner network for workforce housing needs
• PadSplitminorOthersFlexible housing platform included in Lanyard's housing partner network
• PlacemakrminorOthersFlexible living provider included in Lanyard's housing partner network
• Sonesta International HotelsminorOthersHotel brand included in Lanyard's housing partner network for extended stay workforce housing
• Wyndham Hotels & ResortsminorOthersMajor hotel brand included in Lanyard's housing partner network for workforce housing needs
• VacatiaminorOthersVacation rental provider included in Lanyard's housing partner network

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Placemakr: Placemakr offers flexible, furnished apartment stays for 30+ days targeting corporate relocations, travel nurses, and project-based teams. Already listed as a Lanyard housing partner, making it a partial overlap partner that may also serve employers directly as it scales.
• Landing: Landing provides a membership-based network of flexible furnished apartments for relocation and extended business stays. Competes with Lanyard's Employee Relocation and travel nurse housing solutions, particularly for individual placements.
• PadSplit: PadSplit operates a flexible-by-the-week housing platform aimed at workforce and lower-income renters. Already a Lanyard housing partner, it overlaps on the budget workforce housing segment that Lanyard's H-2B and entry-level workforce customers often use.
• Kasa Living: Kasa operates tech-enabled apartment-style hotel and extended-stay properties with centralized booking and billing, serving business and leisure travelers. Comparable to Lanyard's suite/apartment housing options for 1+ week stays, but inventory-led rather than marketplace-led.

Direct peers

• Blueground: Blueground provides furnished apartments for 30+ day corporate stays with a tech-enabled booking platform and concierge support. Targets the same mid- to long-stay employer and relocation customer that Lanyard's Employee Relocation and Travel Nursing solutions serve, and competes for the same multi-month housing wallet.
• CHP (Corporate Housing Providers) / National Corporate Housing providers (e.g., Synergy Global Housing, CHN): National Corporate Housing and member firms (Synergy Global Housing, CHN, etc.) are direct competitors providing fully managed temporary housing for enterprise clients, including workforce, relocation, and project-based deployments. Broadly comparable operating model (managed sourcing + service), differentiated by being supplier-integrated rather than pure marketplace.
• Sonder: Sonder operates tech-enabled short- and extended-stay apartments targeted at business travelers and relocating employees. Direct overlap with Lanyard's corporate housing and relocation products, differentiated by Sonder's owned/leased inventory model versus Lanyard's pure marketplace.

Broad incumbents

• Airbnb for Work: Airbnb's business-travel and workforce housing program offers employers a marketplace for short-term stays with consolidated billing. Directly comparable to Lanyard's marketplace model and target buyer (employers sourcing temporary housing), but operates as part of Airbnb's broader consumer marketplace rather than a workforce-housing specialist.
• Oakwood Worldwide: Oakwood (now part of ASF Lodging / owned by Mapletree) is a long-standing corporate housing and serviced apartment incumbent serving enterprise relocations, project teams, and extended stays. Overlaps with Lanyard's relocation and project-based workforce housing use cases, but uses owned/operated inventory rather than a pure marketplace.
• ExecuStay by Marriott (Marriott Executive Apartments / Corporate Housing): Marriott's corporate housing offerings (Residence Inn, ExecuStay, Marriott Executive Apartments) serve the same extended-stay corporate and project-based workforce segments as Lanyard, leveraging Marriott's owned/managed hotel and apartment inventory and enterprise distribution. Broader incumbent with deeper capital but less flexible inventory for non-hotel workforce housing (e.g., dormitories, hostels, rural rentals).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lanyardstays

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about lanyard