Luxstay, a home-sharing startup in Vietnam, has recently received funding from a bridge round led by CyberAgent Ventures, Y1 Ventures, and other investors. The amount raised was $3 million.
CyberAgent Ventures, which is helping the startup with an internal structuring exercise and has facilitated the bridge round, first invested in the firm in early 2018.
Founded in 2016 by Vietnamese entrepreneur Steven Nguyen, Luxstay is an online platform that connects homeowners looking for short-term rentals with tourists or business travelers.
The platform, which claims to have a network of 10,000 homes in the nation, attracted investment from Vietnam-based fund ESP Capital and Genesia Ventures in its initial round. Genesia Ventures then led a $2.5-million pre-Series A investment in the AirBnB-like startup, before CyberAgent Ventures injected an undisclosed amount in the firm.
Read more here
Join us in Bangkok the 19th to the 21st of March for the Property Portal Watch Conference.
This week's Product and Services roundup starts in the United States, where Realtor.com has signed an interesting syndication deal... ...
Read More
The Swedish housing portal Boneo has closed a SEK 10 million (USD 1.06 million) media for equity deal wth Aggregate...
Read More
I interviewed Fouad Bekkar, CEO at Coraly (formerly Coralyics), at the Proptech and Portal Watch conference in October with the...
Read More
Canadian rental portal operator Rentsync has moved beyond its residential comfort zone, acquiring Spacelist, one of Canada’s leading commercial real...
Read More
