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Travel Startup Funding This Week

Travel Startup Funding This Week

Travel Startup Funding This Week

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Nearly every week, short-term rental platforms or ancillary software services report millions of dollars in funding. It seems that the demand for their services is increasing. There are two of him this week, starring Barcelona-based Ukio.

Justin Dawes

>>Ukio, a Barcelona-based short-term rental platform for remote workers, has raised $28 million (€27 million) in Series A funding. This includes $17.6 million (€17 million) in equity and his $10.4 million (€10 million) in debt, led by Felix Capital and backed by Kreos Capital, Heartcore and Breega. I’m here. Ukio has raised $9 million in 2021. The Ukio platform allows users to book his one of the startup’s over 500 furnished apartments in European cities such as Barcelona, ​​Madrid, Lisbon and Berlin. The company says he has a 96% occupancy rate for its properties. Tenants typically book stays of one to six months. According to the company, in 2022 revenue will be seven times higher than the previous year and he now has 120 employees. The funding will allow Ukio to expand into more European cities in the coming months, including Paris, Dublin, Milan and London.start-up jointly

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