Holidu, a Munich, Germany-based technology company in the holiday rental industry, secured €37m (approximately £32m) in Series D both equity and debt funding.
The round, which brought total funding to more than €100m since its foundation, was led by 83North with participation from existing investors Prime Ventures, EQT ventures, Coparion, Senovo, Kees Koolen, Lios Ventures and Chris Hitchen. Claret Capital (formerly Harbert European Growth Capital).
The company intends to use the funds:
- to further accelerate both the growth of its holiday rental search engine and the expansion of its holiday rental software business with Bookiply,
- to double its technology organization, and
- to invest in new partnerships for supply acquisition.
Founded in 2014 by Johannes and Michael Siebers in 2014, founded Holidu provides solutions to make the search and booking of holiday rentals easy. Its search engine for holiday rentals allows travellers to book the ideal accommodation for the lowest price. Holidu is active in 21 countries with its search engine that combines more than 15 million holiday rental offers from over a thousand travel sites and property managers.
The company also helps holiday rental owners multiply their bookings through its software and service solution under the Bookiply brand.