HomeGermanyHolidu Raises €100M in Series E Funding

Holidu Raises €100M in Series E Funding

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holidu

Holidu, a Munich, Germany-based holiday rental company, raised €100M in Series E funding.

The round was led by 83North, with participation from Northzone, HV Capital, Vintage Investment Partners and Commonfund Capital, and existing backers Prime Ventures, EQT Ventures, coparion, Senovo, Lios Ventures and Chris Hitchen’s Possible Ventures. This round also includes a venture debt component of €25 million of funding from Claret Capital and Silicon Valley Bank.

The company intends to use the funds to accelerate Holidu and Bookiply’s expansion in Germany and Europe.

Founded in 2014 by the brothers Johannes and Michael Siebers, Holidu empowers hosts and guests to enjoy their holiday rental. Under the Holidu brand, the company offers a catalogue of curated and vetted holiday rentals to make booking for guests free of doubt. With the Bookiply brand, the software and service platform enables hosts to attract more bookings while minimising effort. In the past three years, the number of managed Bookiply homes has grown from 5,000 to nearly 20,000. It is now active in 19 local offices across Europe and has become the market leader by the number of managed properties in several key tourist areas in Spain and Italy.

The company employs 500 people and is headquartered in Munich.

FinSMEs

20/10/2022