HomeFundingBerlin-based Airbnb-clone Wimdu raises $90 million to expand further

Berlin-based Airbnb-clone Wimdu raises $90 million to expand further

The Berlin-based Airbnb-clone Wimdu announced today having just raised $90 million from Rocket Internet, a Berlin-based startup incubator backed by the Samwer brothers, and Kinnevik, a Swedish investment company.

As Kinnevik recently announced via their website an investment of about $35.5 million, this would mean that Rocket Internet has pumped about $54.5 million into the young startup.

Like Airbnb and 9flats, Wimdu is a social marketplace that pairs adventurous travellers with unique properties and private hosts to create exciting travel experiences. The platform allows anyone to list, find and book private spaces. Hosts can list their space for free on the platform, Wimdu manages the booking and payment processes, and then charges the hosts a commission.

The rapidly-expanding startup currently features over 10,000 private accommodations in more than 50 countries. The Wimdu team has already grown to 400 employees, working from 15 offices worldwide, according to their newest press release.

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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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