Lodgify, a Barcelona, Spain-based vacation rental software startup, secured $5m Series A funding.
Backers in the round, which brings total funding to $7.3m to date, included existing investors Nauta Capital, Howzat Partners and business angels, as well as new investor Intermedia Vermögensverwaltung. In conjunction with the funding, Stephan Marzen from Intermedia Vermögensverwaltung and COO Alex Vuilleumier joined Lodgify’s board.
The company will use the new capital to scale the team, accelerate product development and increase marketing efforts globally.
Led by Dennis Klett, CEO, and Marco De Gregorio, co-founder and CTO, Lodgify provides a Software-as-a-Service platform focused on building direct channel technology which wllows vacation rental owners and property managers to create a professional website and grow direct bookings, free from commissions.
Beyond the direct channel, the company is also dedicated to building deep connectivity to the largest booking portals, such as its API integrations with Booking.com and Airbnb.
Its multi-channel platform provides advanced connections which allows lodging operators to start their business and receive bookings – both from external sources and their own websites.