onefinestay Raises $12M in Series B Financing

onefinestay, a London, UK-based start up that provides visitors a service to stay in someone’s place while they’re out of town, has raised $12m in Series B financing.

The round was led by Canaan Partners, with participation from existing investors Index Ventures and PROfounders.

The company intends to use the funding to launch in New York City and expand abroad.

Led by co-founder and CEO Greg Marsh, onefinestay has launched “unhotel”, a new category of upscale accommodation, which lets visitors stay in a distinctive home while the owner is out of town.

In conjunction with the funding, Warren Lee from Canaan Partners, has joined the company’s board.

FinSMEs

19/06/2012

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