Accommodation Startup Limehome Raises 31m Euros in Recent Series A Round

October 31, 2020
Share this Post: 

Limehome has announced additional funding was added to its Series A round. The new capital was €10 million, which brings the total amount raised so far to €31 million.

Limehome is an accommodation marketplace startup with offers pre-furbished apartments. It has used €21 million early this year for further expansion of its services. With this new funding, Limehome says it will use the extra equity to boost its proprietary technology platform, along with further expansion. 

Currently, Limehome is present in 25 locations. The company also announced that its revenue has gone through an impressive boom since the beginning of the pandemic, making it a worthy choice for investors in Germany. 

The investors that have participated in the round so far include existing investors HV Holtzbrinck Ventures, Lakestar, and Picus Capital. 

Christoph Shuh, a partner at Lakestar, said: 

"I think there are a lot of opportunities for that kind of inventory and that will stay. People are testing vacation rentals this year and they like it."

October 31, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Proptech Group Results Generic
PropTech Group Shows Impressive Growth in Q1 Figures

The ASX-listed property technology group The PropTech Group has released figures for Q1 of its FY22 operations. Headline figures from...

Read More
Bien Ici Paris
Bien’ici Debuts New Elixir Property Platform

French property portal Bien’ici has launched a technology platform focused on sales of new property projects. Elixir aims to provide...

Read More
Dutch Portal Funda Acquires Commercial Player RealNext

Dutch commercial property platform RealNext has been acquired by NVM in a move that will see its assets incorporated into...

Read More
Zumper Movoto Deal
US Portal Operators OJO Labs and Zumper Sign Listings Deal

The US real estate portal operator OJO Labs has announced that it has signed a listings partnership deal with rental...

Read More

Popular News