Quendoo, a Sofia, Bulgaria-based digital platform that allows property owners to take back control of their property bookings, payments, marketing and availability, raised €750k in funding.
The backers in the round, which valued the company at €5M, were not disclosed.
The company intends to use the funds to expand operations.
Co-founded by Gorian Varbanov and Christophe Gater, Quendoo provides a platform that enables property owners and hoteliers to take back control of their bookings, payments, marketing and availability. The company enables owners to synchronise their choice of marketing channels and recapture revenue from direct bookings, all controlled by the owner from a single dashboard.
The company plans to employ over 30 personnel by the end of 2022.