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InternNest

InternNest
Austin

About InternNest

InternNest is a dynamic platform tailored to help interns seamlessly find housing, compatible roommates, and exciting local activities. Through a unique roommate matching questionnaire and customizable housing filters, InternNest ensures interns connect with options that match their needs and personality. Additionally, InternNest partners with local businesses to offer discounted activity rates, enhancing the experience by fostering a community of interns within a new city and providing cost-effective solutions for young professionals embarking on their career journeys.

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Problem statement

Each year, over 2 million interns in the U.S. relocate temporarily for work, often to unfamiliar cities. Securing affordable, short-term housing is daunting, with high rental prices and limited options for temporary leases. Quality short-term housing that meets budget and standards is scarce, leaving interns to compromise on convenience, safety, or cost. The problem extends further: finding compatible roommates, especially for just a few months, is immensely challenging. Many interns end up rooming with strangers who may not align with their lifestyles, adding stress and tension to their living situation.

Beyond housing, these interns also struggle with social isolation. Moving to a new city without a support network, they often lack the local knowledge needed to find engaging activities or build a social life, which exacerbates feelings of loneliness. This isolation can have serious mental health consequences, with many interns experiencing anxiety, homesickness, and even depression due to the lack of connections and support. These challenges impact interns personally and professionally—studies show that interns facing social isolation and housing stress are less productive and engaged at work. A significant number of interns even renege on offers entirely, choosing to forego opportunities due to high costs, logistical headaches, and the emotional toll associated with relocation.

The lack of structured support for interns relocating to new cities represents a major issue for both interns and the companies that hire them. With internships on the rise, and organizations relying on interns for fresh perspectives and talent pipelines, the need for a solution to ease this transition is more critical than ever. Addressing housing security, social integration, and mental well-being is essential for creating a more supportive environment, enhancing both the intern experience and their productivity in the workplace.

Traction information

InternNest is gaining strong traction. We’re currently participating in two startup accelerators, which are helping us develop and refine our platform. So far, over 100 interns have pre-registered, showing a clear interest in what we offer. We’ve also onboarded 5 companies that are already using our service to help their interns with housing and roommate matching. Additionally, we have local apartments in various cities and partnerships with universities, giving interns access to verified housing spaces. More companies are reaching out and showing great interest in partnering with us. This early success highlights the demand for a dedicated solution to the common challenges interns face when relocating.

Updates

Profile created.
Added 6 days ago

Funding

Currently raising capital

$20,000
committed
$50,000
round goal
Total raised to date:$8,000
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