9flats.com Raises Multi-Million Euro Funding

Published On January 12, 2012 |

9flats.com, a Berlin, Hamburg and Valencia-based short term lettings website, has raised a “multi-million” Euro funding.

The round was led by T-Venture, with participation from existing shareholders Redpoint Ventures and eVenture Capital Partners.

The company intends to use the funding to scale the service across Europe. It is currently hiring (http://about.9flats.com/job-openings/).

Led by CEO Stephan Uhrenbacher, 9flats.com provides private apartments as an alternative to hotels. Guests can book individual private places to stay and, on the other side, hosts can earn additional income by renting out their room, apartment or house when they don’t need it.

The company also announced a strategic partnership with ImmobilienScout24, a German large real estate marketplace, which will contribute its online marketing competence and its know-how in building digital businesses.

FinSMEs

12/01/2012

Related News
17/05/2011: 9flats.com Raises Funding from Redpoint Ventures

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