Lodgify Raises $5 Million
Barcelona-based vacation rental software startup Lodgify secured a $5 million round of Series A funding from existing investors Nauta Capital, HOWZAT Partners, and Business Angels, as well as new investor Intermedia Vermögensverwaltung.
The Software-as-a-Service company is focused on building direct channel technology that allows vacation rental owners and property managers to create a professional website and grow direct bookings, free from commissions. Beyond the direct channel, the company is also dedicated to building deep connectivity to the largest booking portals, such as its API integrations with Booking.com and Airbnb. Lodgify’s multi-channel platform is designed to provide seamless, advanced connections which make it easy for lodging operators to start their businesses and receive bookings – both from external sources and their own websites.
The company, which has twice been featured in Wired’s 100 Hottest European startups list, plans to use the new capital to scale its team, accelerate product development, and increase marketing efforts globally.
