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reAlpha closes $6m investment round
Reading Time: 2 minutesUS: Digital marketplace reAlpha, which is launching an innovative platform designed to facilitate investment in the $1.2 trillion short-term rental market, has announced it has closed a $6 million investment round. The lead investor in the round was real estate holding company Crawford Hoying, which has developed more than $1.3 billion of mixed-use, multifamily, office […]
Frontdesk raises $7m in venture round funding
Reading Time: 3 minutesUS: Milwaukee-based tech-enabled short-term rental startup Frontdesk has announced the closing of a $7 million “oversubscribed” venture round of funding led by Stormbreaker Ventures. The latest investment brings the brand’s total funding to date to $18 million. Joining the advisory board of the company as an advisor and investor will be Sean Conway, former co-founder and CEO […]
HalalBooking raises $5m in pre-Series B investment
Reading Time: 2 minutesUK: Halal-friendly travel booking platform HalalBooking has announced that it has received $5 million in investment, in anticipation for a larger $20 million campaign to raise Series B funding. Headquartered in London, the company, which lists hotel and villa accommodation, has secured the $5 million in funding from a group of private angel investors, including […]
Handys raises $1.8m / 2bn won in funding
Reading Time: < 1 minuteSouth Korea: Seoul-based lodging company Handys, which runs branded short-term and long-term accommodation in South Korea, has raised $1.8 million [ just over two billion won] in a funding round led by DSC Investment. The startup has previously received seed round funding, worth $270,000 [300 million won] from Spring Camp and Plant Lee Partners, since its founding […]
Filmplace receives $220k in funding
Reading Time: < 1 minute APAC: Filmplace, a Singapore-based film location rental startup, has announced that it has raised $220,000 in the fourth quarter of 2020 in a pre-seeding funding round led by New York’s Admiralty Holdings. The company plans to use the capital to build up its infrastructure, marketing capabilities, and technology solutions as it expands further into Southeast Asia. […]
“Pitch to Paul” RockSTRz 2.0 webinar lineup revealed
Reading Time: 2 minutesWorldwide: The lineup of contributors and startups for the first-ever “Pitch to Paul” RockSTRz 2.0 webinar has been announced. Taking place on Tuesday 2 March at 4pm GMT, it will be in the format of a Dragon’s Den-style investment session, in which three “game-changing” short-term rental and travel startups pitch for potential investment in front […]
FantasticStay receives €1.3m in investment
Reading Time: < 1 minuteBulgaria: Proptech company FantasticStay has announced that it has received €1.3 million in investment, in a round led by venture capital fund New Vision 3 [NV3], angel investor Velizar Velichkov and previous investors. With the funding round, FantasticStay, which claims to be an all-in-one PMS, channel manager and service provider, plans to expand its global operations and release […]
Black-owned PE firm closes $4 million vacation rental fund
Reading Time: 2 minutesUS: East Chop Capital has announced the closing of its inaugural $4 million fund, which has been created to capitalise on the $113 billion global vacation rental market. The fund will acquire vacation rental homes in select markets across the US. East Chop Capital was founded in 2018 by entrepreneurs and real estate developers, Calvin […]
UC Asset invests into SHOC Holdings and appoints CEO
Reading Time: 2 minutesUS: UC Asset (UCASU), an Atlanta-based real estate investment firm, has invested around $1 million into SHOC Holdings LLC, and appointed Greg Bankston, who currently serves as a managing member of UCASU’s general partner, as CEO of SHOC. The company believes Bankston’s 20-year real estate background and knowledge of the city’s history make him the […]
Goldman Sachs invests in Inhabit IQ
Reading Time: < 1 minuteUS: Inhabit IQ, a provider of software for the property rental industry, has received “a significant investment” from Goldman Sachs’ merchant banking division. Goldman Sachs will join existing investors Insight Partners, Greater Sum Ventures and PSG as institutional shareholders in Inhabit IQ. The funding will provide additional capital that will enable Inhabit IQ to increase […]