Limehome raises 45 million in a financing round

MADRID, 8 Nov.

Limehome raises 45 million in a financing round

MADRID, 8 Nov. (EUROPA PRESS) -

The provider and operator of apartments with digitized design services Limehome has raised 45 million euros in an investment round in which AW Rostamani Group and Capital Four have participated, joining current investors HV Capital, Picus Capital and Lakestar.

Limehome plans to use this new capital mainly for its expansion into other European markets and to acquire existing operators. In addition, the company has added that it will continue to improve scalability and service levels through further development of its technology platform.

Since its founding in 2018, the startup has grown to more than 3,000 apartments in seven countries, while tripling its turnover during the last years of the pandemic.

"Recent years have shown that our quality, fully-equipped serviced apartments are very popular in both the leisure and business segments. With the support of our investors, we will continue to develop our concept and take it to new markets," Limehome co-founder and CEO Josef Vollmayr said.

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