Vacation rental software startup Lodgify has secured $30 million in Series B funding. The investment round was led by Octopus Ventures, with participation from Bonsai Partners, Aldea Ventures, ICF (Institut Català de Finances), as well as existing investors Intermedia Vermögensverwaltung and Nauta Capital.
Lodgify will use the funds for the following purposes: Accelerate global expansion, to drive product growth and expand customer support. Lodgeify’s mission is to enable host or vacation rental businesses around the world to start and grow their business through technology. This investment will help foster a growing ecosystem of tools and services that small and large hospitality companies increasingly rely on to specialize and scale their operations.
Vacation rental software solutions Lodgify reserves $30M in Series B funding to accelerate global growth
“This is great news for our customers. Lodgify is a customer-first company. We invest all our funds in product innovation and expand our services to help our customers achieve their business goals,” said Lodgify CEO. Dennis, co-founder and co-founder, said. Cret.
Twice named on Wired’s Hottest European Startups list, Lodgify offers an all-in-one solution to help vacation rental hosts generate more bookings and manage them all from one place. increase.this is Software platform as a service allows vacation rental hosts to easily build their own website, with no technical skills or seamless API integrations with all major vacation rental channels such as Airbnb, Vrbo and Booking.com. includes a website builder that can accept direct bookings and payments. Lodgify is our preferred software partner for all these channels.
“Lodgify has taken a leading position in the often overlooked SME vacation rental market. We have been impressed with their product leadership and customer focus. It comes amidst the impressive growth we have helped our customers achieve.We look forward to partnering with Lodgify’s experienced leadership team to execute on our growth plans, including an exciting pipeline of new product initiatives. ,” said Uthish Ranjan, principal of Octopus Ventures.
Andrés de la Morena of Bonsai Partners said:
Lodgify’s R&D team
In recent years, Lodgify has grown its R&D team to over 70 employees, growing to nearly 200 people from 43 different nationalities across the company.
This increase in employment will also enable Lodgeify. Accelerate product development We will be releasing new features at an even faster pace in line with the company’s overall plans for the next few years.
Uthishtan Ranjan of Octopus Ventures and Andrés de la Morena of Bonsai Partners have joined Lodgify’s Board of Directors.
Subscribe to App Developer Magazine for just $5.99/month and take advantage of all these benefits.