Limehome raises €21M in recent funding round

Munich-based hospitality startup, Limehome, has raised €21 million in a recent funding round.

The round was led by existing investor Lakestar, with participation from HV Holtzbrinck Ventures, and Picus Capital. Global Growth Capital also participated with a credit line.

The company intends to use the funds to further develop the proprietary technology platform and to continue expansion in Germany and Europe.

Led by Lars Stäbe and Josef Vollmayr, Limehome aims to combine the design of a premium hotel with the efficiency of a continually operating digital concept to offer high-quality, fully equipped designer apartments at the price of a standard hotel room.

Guests, business travelers and tourists alike can book centrally located designer apartments conveniently via the website, in addition to all conventional booking platforms such as Booking.com and Expedia. After booking, guests receive a confirmation with all necessary information, and can check in online with a kitchen, dining and working area, high-speed internet access and professional desk equipment.

Read more here