Yandex startup raised 150 million rubles from Beeline and investors

“The funds raised will allow us to expand the project in the CIS and Russia, where the short-term rental market is actively growing. <...> The plans are to create the largest chain of hotel-type apartments in these regions and become the leader in the segment,” said the founders of the startup, Gevorg Beglaryan and Dmitry Sigov.

According to experts cited by entrepreneurs, in 2026 the number of short-term rental properties in Russia will reach 600,000, and the number of tenants will exceed 300,000. Keygo currently manages more than 100 properties in Yerevan, which were used by about 10 people. thousand in 2024. tourists. The company calls itself the leader of the short-term rental market in Armenia.

Former Yandex employees Beglaryan and Sigov founded Keygo in 2023. The service allows travelers to search for and book apartments, access Wi-Fi and other services, and contact support in a single app. Owners who rent properties long-term from Keygo get access to analysis of their apartments.

During the first round, held in October 2023, the startup raised 50 million rubles. In particular, the founder of RBI Eduard Tiktinsky, co-founder of the Muzlab streaming service Viktor Khristenko, director of the Yandex e-commerce business group Daniil Shuleiko, restaurateur and founder of the international guide GreatList.ru Alexander Sysoev invested in the company.

At the end of the second round, all investors converted the loans into shares of the holding company.