Locale, an Austin, Texas-based upscale aparthotel brand, raised $11m in Series A funding.
The round, which brought total funding raised to date to $14m, was led by Amplo Ventures, with participation from Susa Ventures, Malkin Holdings, Rogue Insight Capital and Metropolis Capital Partners.
Founded in 2016 by CEO Nitesh Gandhi, Locale transforms apartments into high quality accommodations for business, leisure and extended stay travelers. The company operates in major markets across the U.S., including Austin, Houston, Dallas, San Francisco, Nashville and Minneapolis, and employs over 30 full-time team members.
Locale intends to use the new funding to further invest in digital product innovation, enhance in-room offerings, hire executives, move forward with its pipeline of projects in markets like Denver, Nashville and Charleston.