Spotahome, a Madrid, Spain-based property listings website, raised a pre VC funding round of undisclosed amound.
The round was led by Charlotte Street Capital with participation from Gabriel Leupin and Howzat Partners.
The company is using the funds to expand operations. It is hiring.
Set up in early 2014 by Alejandro Artacho, Spotahome is a platform designed for direct booking of accommodation of more than one month.One one hand, it offers tenants accurate property descriptions and photos, allowing them to make an informed decision about housing before arriving to the country. On the other hand, landlords can access to high quality tenants they would normally have trouble reaching because of communication and language barriers.
It has expanded to 6 cities in 2 Spain and Italy.