9flats.com Raises Funding from Redpoint Ventures

9flats.com, a peer-to-peer apartment rental marketplace, has raised a new round of funding from Redpoint Ventures.

This brings the total amount raised by the company to date to $10m.

9flats.com intends to use the new funds to grow its management and product service across Europe.

The service allows members to rent private places worldwide and owners to let their own place for some extra income. Launched in February 2011, the marketplace currently lists over 8,000 private accommodations in 40 countries.

Led by founder and CEO Stephan Uhrenbacher, the company is based in Berlin, Hamburg and Valencia and currently employs 100 employees.



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