Casai Raises Funding to Expand Throughout Latin America

October 13, 2020

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. 

October 13, 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 the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

fangdd pretty
FangDD Regains Nasdaq Compliance Once Again

Fangdd Network Group Ltd. announced restoration of compliance with the minimum closing bid price requirement for continued listing on the...

Read More
UrbanAptsdotAU 1
Urban.com.au to Rebrand as Apartments.com.au After Acquisition

Urban.com.au has acquired Apartments.com.au in a combined cash-and-equity deal. Urban confirmed it will rebrand to Apartments.com.au in light of the...

Read More
Product Update July4 2
Product and Services Roundup: Cian, DomClick, Kleinanzeigen, Rightmove, iMyanmarHouse

We'll kick off this week's Product and Services Roundup with some nifty tools coming out of two Russian portals...  ...

Read More
People Roundup 4July 3
People Roundup: REA India, Lifull, REA Group, Rightmove

This week's People Roundup starts with a major C-Suite appointment in India...   Asia: REA India confirms new CEO appointment...

Read More

Editor's Pick