Dear friends, advisors and customers,

It is with a heavy heart that we share that PapayaPods has closed down its service for private landlords and tenants.

The Proptech space has enormous potential, which is being realised every single day by many existing platforms and new ventures starting out.

To our employees: Thank you. Thank you for believing in our vision and for sharing the ride with us. Thank you for your hard work and determination. Thank you for the many lessons you taught us along the way. Your energy, passion and drive whilst working with us was outstanding, and it is what allowed us to get as far as we did.

To our landlords and tenants: You have been our inspiration on this journey. Thank you for the feedback you’ve provided us, for trusting us despite being a young company. We hope for you that the other companies, established or new, will be able to pick up where we left off, and help break through the pain points that are so frustrating in the long-term rental housing space.

To those who supported us: Thank you for believing in us, encouraging us and supporting our journey. We are disappointed that PapayaPods service for landlords and tenants did not work out, but that being said, we are excited to see how the Proptech space is evolving.

What’s next: While our business-to-customer service is no longer around, we are currently re-positioning our company’s business activities. PapayaPods is excited to be working closely together with a Swiss partner, to help their in-house real estate management team manage the repair and maintenance processes with their tenants for more than 15’000 apartments across Switzerland, by building custom software. More news will follow over the course of the next few months.

In the meantime, thank you for everything.

The PapayaPods Founders