Long-Term Business Apartment Marketplace Homelike Raises $14M
Summary
Homelike , a Cologne, Germany-based online marketplace for long-term furnished business apartments, raised $14m in funding.The round was led by Spark Capital with participation from existing investors Cherry Ventures, Lürssen and coparion.The company partners with a network of apartment suppliers, tapping into their portfolios to offer units that meet strict quality criteria and are specifically tailored to the needs of business travelers.Homelike also handles the monthly payment process including invoicing with VAT, processes electronic signatures of online rental agreements, and offers a premium insurance to its users in cooperation with AXA.To date, Homelike has accommodated guests for over 700,000 nights across 100 European cities including: London, Berlin, Munich, Hamburg, Cologne, Stuttgart, Heidelberg, Vienna and Zurich.