Casai, in a move to pump more effort into the short-term rental and travel sectors of the industry, has raised $23 million. The startup has also received a debt facility of up to $25 million from TriplePoint Capital. Casai plans to use the funding to support expansion across Latin America.
Things were looking tough for Casai at the beginning of the year when the pandemic first began and the travel industry felt the most unsure about the future of real estate. But within the last few months, Casai has bounced back, recovering nearly 90% capacity within Mexico City.
This is the second piece of news from us today on a short-term rental company raising funding to pump into the sector. Kasa Living has also raised an impressive amount of $30 million in a Series B funding round.
"*" indicates required fields
This week, we have two interesting investment stories for you. We'll start with Europe and a rare breed—an iBuyer who...
Read More
We have another long Product and Services Roundup this week. We'll start with a discontinued offering from one of Iran's...
Read More
Mubawab, the leading property vertical in both Morocco and Tunisia according to Similarweb, has a new majority shareholder and parent...
Read More
The Australian real estate portal operator REA Group grew revenue by 12% year-on-year for the third quarter of its financial...
Read More"*" indicates required fields
"*" indicates required fields
"*" indicates required fields
