Limehome is a Munich-based proptech and hospitality company. It currently secured €21 Million to invest in the development of its digital accommodation booking platform. The startup’s current investors, including the lead investor Lakestar, as well as Picus Capital, and HV Holtzbrinck Ventures partook in the round. With this investment, the company will continue to grow across Europe.
Founded in 2018, Limehome offers a unique accommodation alternative to its users. It combines the experience of hospitality professionals together with the touch of interior designers. In this way, it is bringing the quality standard of a hotel with the advantages of an apartment together. Guests are able to book both short- and long-term stays in their apartments.
Booking of Limehome apartments is possible both through platforms like Expedia and Booking.com as well as through the company website. Expenditure related to the booking, including pricing, cleaning, customer service and invoicing can be streamlined online. Furthermore, its fully digitalized check-in and check-out systems provide fast and easy entrances to houses. Guests receive their personal access codes via their choice of communication on the arrival day. After this easy and quick check-in, they can enjoy their stay in a designer apartment, which gives them more space compared to a standard hotel room.
Since 2018, Limehome’s team grew from 10 to more than 70. This diverse team will grow to include more designers, architects, real estate and finance experts, operations and logistics specialists as well as developers and BI/data experts. Currently, they are operating in more than 30 locations including Berlin, Vienna and Leipzig – which makes them the second-largest accommodation operator in German-speaking countries in 2020. Limehome plans to use this investment for its expansion to DACH and in Europe.
Source: EU-Startups