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Lodgify raises $30M in Sequence B funding to ramp up world development

We’re proud to announce we raised $30 million in a Sequence B funding spherical, the biggest funding we now have acquired to this point.

This new capital injection, led by Octopus Ventures, has additionally counted on the participation of Bonsai Companions, Aldea Ventures and ICF (Institut Català de Funds), along with current buyers Intermedia Vermögensverwaltung and Nauta Capital.

What does this imply for our clients?

Our staff will use the brand new funds to speed up Lodgify’s world enlargement, drive product growth and develop assist for our clients.

These targets are in step with our mission to empower any host or lodging enterprise worldwide to get began and develop their enterprise by know-how. Our final aim is to make them impartial from massive incumbent companies.

The funding spherical will additional increase the increasing ecosystem of instruments and providers that each small and huge hospitality corporations more and more rely upon to professionalize operations and scale up.

Dennis Klett, CEO and co-founder of Lodgify, mentioned:

“That is nice information for our clients! Our precedence is their satisfaction, so we’ll make investments all funds in additional enhancing the product and increasing our service providing.”

How did we get right here?

Twice included in Wired’s Hottest European Startups listing, Lodgify provides an all-in-one answer that allows trip rental hosts to generate extra bookings and handle all bookings from one centralized place.

Our software program comes with a web site builder that enables trip rental hosts to simply construct their very own web site and settle for direct bookings and funds with out requiring any tech abilities and seamless API integrations with all the principle trip rental channels together with Airbnb, Vrbo, and Reserving.com. Plus, many different options like a unified inbox and all of the property administration options like activity administration!

Lodgify Software

“Lodgify has turn into a frontrunner within the beforehand neglected trip rental SME market. We have now been deeply impressed by their staff’s emphasis on product high quality and buyer satisfaction. These components have undoubtedly contributed to their dramatic development in bookings, even throughout the pandemic. We stay up for working with the Lodgify staff to execute on their enlargement plans, which embrace an thrilling pipeline of recent product initiatives,” mentioned Uthish Ranjan, Director, Octopus Ventures.

“The flexibility of Lodgify’s software program to assist trip rental homeowners and managers generate extra bookings and save time with automations is frankly spectacular,” added Andrés de la Morena of Bonsai Companions.

What’s subsequent for Lodgify?

Our R&D staff has been rising over the previous few years to presently exceed 70 members, whereas Lodgify as an entire already employs nearly 200 folks of 43 totally different nationalities.

The enlargement of our workforce will enable us to speed up product growth and launch new options at a good sooner tempo, according to the corporate’s total plans for the approaching years.

Uthishtan Ranjan of Octopus Ventures and Andrés de la Morena of Bonsai Companions will be part of Lodgify’s board of administrators.

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