Accommodation Startup Limehome Raises 31m Euros in Recent Series A Round

October 31, 2020

Limehome has announced additional funding was added to its Series A round. The new capital was €10 million, which brings the total amount raised so far to €31 million.

Limehome is an accommodation marketplace startup with offers pre-furbished apartments. It has used €21 million early this year for further expansion of its services. With this new funding, Limehome says it will use the extra equity to boost its proprietary technology platform, along with further expansion. 

Currently, Limehome is present in 25 locations. The company also announced that its revenue has gone through an impressive boom since the beginning of the pandemic, making it a worthy choice for investors in Germany. 

The investors that have participated in the round so far include existing investors HV Holtzbrinck Ventures, Lakestar, and Picus Capital. 

Christoph Shuh, a partner at Lakestar, said: 

"I think there are a lot of opportunities for that kind of inventory and that will stay. People are testing vacation rentals this year and they like it."

October 31, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Investment Roundup 18Apr
Investment and Funding Roundup: Realiste, Rentify, Placy

This week's funding roundup is all about AI-powered platforms. We'll start in UAE...   Asia: Realiste closes $2M seed round...

Read More
Product Update 2025Apr18 1
Product Roundup: Zillow, Rightmove, Otodom, Hjem.no, AtHome.co.jp, PropTechBuzz

This week's product and service roundup starts in the United States, where Zillow has boosted its Showcase product with enhanced...

Read More
Zigbang Investment Scaled 2
Korean Proptech Zigbang FY2024: Revenues of $70.9 Million Drop 21.8% Year-on-Year

South Korean proptech firm Zigbang has reported full-year revenue of KRW101.4 billion ($70.9 million U.S.) for 2024, marking its second...

Read More
Redfin Coeanfront Homes 3
Redfin Joins Zillow in Banning Off-MLS Listings, Urges ‘Coming-Soon’ Compromise

The U.S. brokerage and portal operator Redfin has become the latest major player to take a public stand on the...

Read More

Editor's Pick