HomeFundingGerman Airbnb competitor 9flats lands $10 million to expand internationally

German Airbnb competitor 9flats lands $10 million to expand internationally

Just last Tuesday Stephan Uhrenbacher, the co-founder of 9flats, announced a major” investment round via Twitter. Now we have some more details to share with you on the round and their plans for the fresh funding.

The German Airbnb-clone has secured an investment of $10 million from Redpoint Ventures and eVenture Capital Partners. The fresh capital will enable 9flats to continue its growth and international expansion into new markets, where it hopes to reach new customers for its platform.

The Hamburg and Berlin-based 9flats team currently consists of over 90 people from 16 different nationalities. This week, the young travel startup published about 60 open positions on its website, showing their intentions to keep growing their team, too.

Speaking of Job Opportunities: Make sure to check out the EU-Startups Job Board in case you’re looking for new work opportunities at European startups.

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).
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