Skift Take
Three tech-enabled property managers — typically less affected by increasing short-term rental regulations — have announced fundraises recently.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
Twelve travel tech startups announced more than $147 million in fundraises in the past two weeks.
>>Habyt, an apartment and short-term rental manager and booking platform, has raised $42.4 million (€40 million) in series C funding.
This round is led by Korelya Capital and Deutsche Invest, with support from Exor Ventures, Endeavor Catalyst, P101, ITALIA500-Azimut, HV Capital, Vorwerk Ventures, Norwest, Kinnevik, Burda Principal Investments, and Inveready.
Berlin-based Habyt said its platform offers rentals in co-living spaces, homes, and hotels for locals and travelers, particularly digital nomads.
The company has now raised nearly $74 million, according to Crunchbase. Since its series B in 2021, Habyt has expanded to North America and Asia via acquisitions of Common Living and Hmlet.
Habyt has grown from 5,000 units in 18 cities last year to 30,000 units in more than 50 cities on three continents.
The company earlier this year opened its first hotel in Europe, The Waterfront in Berlin.
Habyt said revenue increased 40% in 2023 compared to the prior year and that it is profitable in “most key geographies.” The company plans to reach profitability by early 2024.
The startup plans to add London and other cities in the coming year. The funding will also go toward improving the tech platform.
>>Numa Group, a short-term rental manager with a booking platform for guests, has raised $59 million in series C funding.
Verlinvest led the round, with support from Cape Capital, Headline, Cherry Ventures, DN Capital, and Soravia.
The company has now raised more than $200 million, according to Crunchbase.
Berlin-based Numa Group manages short-term rental properties — including hotels, serviced apartments, hostels, and more — in partnership with owners.
The company said its software automates certain hotel operations, like pricing, booking, check-in and check-out, and customer service via WhatsApp.
Its portfolio includes more than 4,500 rooms and apartments in 28 major European cities. The funding will go toward expanding the portfolio in Europe.
>>TravelLocal, a startup that helps travelers book personalized vacations, has raised $10.3 million in series B funding.
The round