Flat4Day, an Istanbul, Turkey-based vacation rental website (Hemenkiralik), raised $2m in funding.
The round was led by HomeAway, Inc. (NASDAQ: AWAY), with participation from Istanbul-based venture capital fund 212 Ltd.
The company, which has raised over $6 million in venture capital to date, intends to use the funds to continue to expand operations.
Founded in 2012 by CEO Remi Onur, Managing Partner Rina Onur, CMO Mehmet Ulku and CTO Alper Kaya, Flat4Day lists nearly 30,000 properties, the vast majority of which are entire homes in Turkey and other popular destinations such as Southern Europe.
Flat4Day offers listings in multiple languages, including Turkish, Arabic, English, Russian and German, and provides flexible payment options. For those who do not have access to online payment methods, the company integrates with Arabic travel agencies. Its 35 strong team also conducts in-person verification for the majority of properties listed on the platform.
Through a pre-existing partnership, HomeAway already lists the majority of Flat4Day’s properties on its sites.
FinSMEs
28/05/2015