201810 Jul

Lodgify Raises $5M to Build Direct Channel Technology for the Vacation Rental Industry

Summary

The company, which has twice featured in Wireds 100 Hottest European startups list, will use the new capital to scale the team, accelerate product development and increase marketing efforts globally."Our vision is to make our direct channel technology accessible to any lodging business, no matter the size or segment," explained Marco De Gregorio, co-founder and CTO of Lodgify."Similar to how Shopify evolved, from a software for entrepreneurs to also cater to enterprise clients, in the future, Lodgify will continue to be used by small-to-medium sized vacation rental operators, and also by large enterprise-level hotel chains who want to run their entire website on our platform.Lodgify is a Software-as-a-Service solution which empowers vacation rental owners and managers to easily build their own website, accept online bookings and process credit card payments.Nauta has led investments in 30+ companies including Brandwatch, CloudIQ, Nextail, GreatCall, Marfeel, MishiPay, Force Manager, Scytl, Smarp, Talentry, Getapp, BeMyEye, Geoblink, Aba English, Fizzback, Privalia and Social Point.

Source: Newswire

Funding

$5M
Amount
Jul 10 2018
Date
-
Investor
Lodgify
Company

Classifications

Companies