- Series A round for vacation rental software which empowers vacation rental owners and managers to generate direct bookings
- Participants of the round include Nauta Capital, HOWZAT Partners and Intermedia Vermögensverwaltung
- Lodgify will use the round to accelerate their product development and expand their team
BARCELONA, July 10, 2018. Lodgify, the Barcelona-based vacation rental software startup, today announced it has secured a $5 million round of Series A funding.
Participants of the round are the existing investors Nauta Capital, HOWZAT Partners and Business Angels, as well as the new investor Intermedia Vermögensverwaltung. It brings total funding to $7.3 million to date. The company, which has twice featured in Wired’s 100 Hottest European startups list, will use the new capital to scale the team, accelerate product development and increase marketing efforts globally.
The Software-as-a-Service company is focused on building direct channel technology which empowers vacation rental owners and property managers to create a professional website and grow direct bookings, free from commissions.