Airbnb management startup GuestReady secures €700k in funding to support its global expansion

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GuestReady is a global short-term rental management company, which provides professional services to property investors, homeowners and Airbnb hosts. Three months after launching in six countries globally, GuestReady has just announced the closing of a € 700k Angel Round.

GuestReady services range from the simpler logistical aspects of key handling, housekeeping and linen supplies to the more complicated – overall management of guest communication, listing creation and yield management. The company’s mission is to offer hassle-free hosting, helping homeowners to generate up to 100% more income by renting out short-term and taking up any operations that are related to turning over guests. Homeowners and hosts can select either Airbnb Management or Standalone Services provided by GuestReady. The company is currently operating in six cities across the globe, namely London, Singapore, Hong Kong, Paris, Kuala Lumpur and Amsterdam.

The team behind GuestReady has extensive knowledge in short-term rental management leading to more professionalized listings and improved performance. However money is going to be invested in product development and hiring new team members. GuestReady is based in London and was founded in 2014.

Notable investors participated in this round, backing GuestReady’s quest to become the world’s leading short-term rental management company. Among the investors and advisors are Senn & Partner Holding Ltd., a Swiss real estate development and investment company, former director at Airbnb Georg Bauser, and Swiss Founders Fund (SFF), who was the lead investor.

Alexander Limpert, co-founder & CEO of GuestReady stated: “We are extremely happy to have received the backing of these high-profile investors who will continue to support us on our journey. The majority of the funds will be allocated to fill vacant positions in our primary markets, as well as bring our tech platform to the next level.”