financialtreat – will explain the 9 Property Management Startups That Can Be Your Business Reference which you will get in the following article. let’s look at this article carefully!
The past year has been a testament to the recovery in investor confidence in the holiday rental industry. Along with innovative software companies, OTAs, and niche channels, various property management startups are getting funding to drive their growth. Check out our collection of the latest holiday rental investment offers for an overview.
We love seeing young companies with original visions and a dedication to changing the industry for the better for new opportunities. So, we have gathered 9 property management startups that have raised significant funding rounds in the past year or so.
Some manage short-term rentals in urban destinations, while others cater to the demand for medium-term rentals that can be rented flexibly. Note that this is not an exhaustive list but our selection of startups to watch.
9 Property Management Startups That Can Be Your Business Reference
1. Zeus Lives
Zeus Living manages furnished apartments for flexible living throughout the U.S. A medium-term rental property management startup takes over all responsibilities from homeowners, including furnishings, design, and housekeeping.
Beginning as a furnished rental company catering to relocated corporate travelers, Zeus Living now welcomes all kinds of part-time guests. In October 2021, Zeus Living raised $55 million in series C funding led by SIG to drive its growth and enhance its online platform. The company had previously raised $55 million in Series B rounds with Airbnb’s participation.
Ukio , a young Spanish startup launched in 2020, offers furnished apartments for medium-term stays in Barcelona, Madrid and Lisbon. The property has a unique modern design and comes with weekly cleaning and concierge services.
Riding the “work from home” wave, Ukio responded to the demand for flexible rentals that serve as residences and home offices at the same time. Ukio raised $9 million in an initial round led by Breega in September 2021. The company will use the funds to expand into several European markets and grow to 700 rentals by the end of 2022.
3. property management startups: June House
June Homes aims to change the way people rent apartments. Proptech startups offer flexible stays of 1-18 months in New York City, Boston, Los Angeles, San Francisco, Washington DC, and Philadelphia.
Junes Homes promises tenants 100% digital documents, contactless move and the opportunity to become a new city resident within 3 hours. Until now, the company’s funding status is still kept secret. Then, in September 2021, June Homes announced that it had raised $50 million in funding, including $27 million Series B and a $13 million Series A round, as well as $10 million in seed funding.
Blueground offers home options for flexible term rentals in 7 countries and 15 cities around the world, from North America to Europe and the Middle East. Urban property management startups provide bespoke interior design, high-end amenities, and a seamless and streamlined online experience for tenants. To drive its planned expansion to 50 cities worldwide by 2025, Blueground raised $180 million in Series C funding with a value of $750 million.
GuestReady manages short-term rental properties in the UK, France, Portugal, Switzerland and the UAE. Startups take all management tasks off the shoulders of investors or property owners, including listing distribution, guest communication, cleaning, dynamic pricing, and check-in management.
GuestReady has grown aggressively through acquisitions in recent years, signing players such as Porto Concierge and Oporto City Flats in Porto; Easy Rental Services in London; and We Stay and BnbLord in Paris.
Following a series A round in 2019, the company ran two highly successful equity crowdfunding campaigns, one in November 2020 and the other in September 2021. During the last campaign, GuestReady achieved its crowdfunding target of €1.5 million in just 24 hours.
6. property management startups: H2O Hospitality
H2O Hospitality operates short-term rental apartments in Tokyo, Bangkok, Seoul, and Busan. The company focuses on contactless operations and uses advanced technology to automate its processes.
In September, the property management startup raised $30 million in a Series C funding round led by Kakao Ventures. H2O Hospitality will use the funds to expand its business in Southeast Asia.
7. Front desk
Frontdesk is a high-tech urban property management startup present in many cities across the U.S. As the next generation of hospitality brands, Frontdesk is changing the way people live, work and travel.
Earlier this year, Frontdesk raised $7 million in venture capital in a round led by Stormbreaker Ventures to grow the company’s management and technology side. In our interview with Frontdesk Co-Founder and CPO Jesse DePinto, we learned that the company has plans to grow its portfolio to 1,500 units by the end of the year.
Short-term rental management startup The Guild offers high-end furnished apartments in the U.S. cities of Cincinnati, Dallas, Denver, Miami and San Antonio. Operating like an upgraded boutique hotel, The Guild manages apartments suitable for night, weekly and extended stays for more than 30 days.
All units are equipped with digital concierge and housekeeping services. Following a series B round in 2020, The Guild raised $17.1 million in equity and securities options from 91 investors earlier this year.
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Bob W offers technology-based apartments with features such as short to medium-term hotels in Helsinki, Tallin, and Madrid. Property management startups pride themselves on a unique blend of contactless and interior solutions curated by local designers and artists.
In April 2021, Bob W added €6 million to the previous seeded round where they had secured €4 million in funding. The funds will be used to develop the company’s technology platform. Accelerate recruitment, and drive the company’s expansion into new European markets.
And those are the 9 best startup property management companies. You can use the company as a reference to build your property business. Hope the information is useful!