Lodgify Raises $30M in Series B Funding

Lodgify, a Barcellona, Spain-based vacation rental software startup, raised $30M in Series B funding.

The round was led by Octopus Ventures with participation from Bonsai Partners, Aldea Ventures, ICF, Intermedia Vermögensverwaltung and Nauta Capital. Uthishtan Ranjan from Octopus Ventures and Andrés de la Morena from Bonsai Partners have joined Lodgifyʼs board of directors.

The company intends to use the funds to accelerate global expansion, boost product growth and expand customer support.

Led by CEO Dennis Klett, Lodgify provides a Software-as-a-service platform that includes a website builder that allows vacation rental hosts to build their own website and accept direct bookings and payments without requiring any tech skills and API integrations with all the main vacation rental channels, including Airbnb, Vrbo, and Booking.com. Owners can manage all reservations from one place and synchronize property data with their booking channels.

In recent years, Lodgify has grown its R&D team to over 70 employees and the entire company to almost 200 from 43 different nationalities. This hiring boost will also allow Lodgify to accelerate its product development and release new features at a quicker pace, in line with the company’s overall plans for the coming years.

FinSMEs

17/11/2022