GuestReady Raises £1.34 million in Just a Day

November 7, 2020
Share this Post: 

GuestReady has announced that it raised £1.34 million in just 24 hours through Seedrs. The short and medium leasing proptech platform saw over 300 investors during this full day of funding. 

The company saw a drop in revenue of 80% due to the global pandemic, as travelers canceled plans and consumers opted to stay home instead of risk being in public places. Since then, the numbers have slowly grown, proving to the company that the sector is resilient. 

GuestReady CEO and co-founder Alexander Limpert, explained:

“Luckily we’ve seen increased demand from domestic travelers and for longer stays which have helped to cover a large part of the lost bookings from international travelers.”

Since the campaign was launched yesterday, the company received backing that immediately overshot its original target of £1.3 million. Notable investments include a £900,000 investment by a VC fund and £380,000 from Swiss investor Senn & Company.

November 7, 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

Purplebricks Profit 1
Purplebricks Slashes Prices as New Owner Vows to 'Disrupt' Once Again

The new owner of Purplebricks has cut prices in his first move since snapping up the beleaguered portal for just...

Read More
Homesnap Closure
CoStar Group to 'Sunset' Homesnap in Favor of

CoStar is set to sunset Homesnap and replace it fully with the Group's in-house brand by the end of...

Read More
Powerleads Ai Zumper
Zumper Latest Portal to Integrate ChatGPT Plugin

Zumper, a leading provider of rental industry software, has announced its collaboration with OpenAI's artificial intelligence engine, ChatGPT. The partnership...

Read More
Meta Egypt
Meta Egypt Launch Announced as Estate Waves and Coldwell Banker Egypt Team Up

Real estate marketing company Coldwell Banker Egypt has teamed up with Estate Waves to announce the launch of a new...

Read More

Editor's Pick