Lodgify, the vacation rental tech startup we first introduced you to in August 2014, announced today that it has secured €600,000 in seed financing in a round led by angel investor Chris Hitchen, HOWZAT Partners, Venrex Investment Management and other notable angel investors including Roland Zeller (former CEO of travel.ch) and Kilian Thalhammer (former managing director of PAYMILL).
Lodgify’s robust, browser-based service enables vacation rental owners and managers to easily create a website for their properties and manage their reservations in real time, without paying commission. Lodgify offers scalable subscription plans based on a monthly fee for both vacation rental owners and managers with 1 to 500+ properties. The service includes mobile-friendly website templates, an online booking engine, reservation system and channel manager. The Barcelona-based startup is a Seedcamp alumni, one of Europe’s leading startup accelerators, and has seen rapid growth in its customer base across the US and Europe since launching in 2013.
The startup will use the funds to enhance its website building software, expand the product team, and unveil additional features. With its versatile and scalable product, Lodgify also sees itself tapping into the independent hotels market in the near future.
“Lodgify’s mission is to empower vacation rental operators to grow their business through technology,” says Dennis Klett, co-founder of Lodgify. He continued:“Our product pipeline is filled with innovative features and new website templates tailored to the modern needs of hospitality businesses. With this funding we can aggressively expand our product development operations.”
“We are very impressed by Lodgify’s technology-focused approach to tackling the vacation rental industry’s challenge to generate more direct bookings,” says Chris Hitchen. He continued: “Their intuitive user interface and set of innovative software tools positions them strongly in a lucrative and growing market.”