Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Petya ransomware attack: What you need to know

Tech City Voices

Here’s how you can deliver a killer presentation

Investments

Hometree gets £1.9m from investors including LocalGlobe

Press Releases

FinTech firm Smart Pension picks up two major awards for digital leadership
Let’s gets physical: New app helps fitness fanatics find a partner at the gym
‘Connected finance’ app Curve hits £50m spend ahead of UK launch

PropTech startup YourWelcome raises £1m to help Airbnb hosts

Henry Bennett
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

PropTech startup YourWelcome has raised £1m in a round led by Flux Group, alongside angel investors including Simon Emeny, CEO of Fullers.

YourWelcome, which has a pre-money valuation of £5m, also drew support from Sir James Devitt, founder of Herald Hotels.

The firm, which enables Airbnb hosts to offer a wide range of options including late check-outs and luggage storage, says it will use the money to increase distribution across the US, Europe and Asia.

Could PropTech change the face of commercial real estate forever?

Henry Bennett, founder of YourWelcome said:“We knew when launching YourWelcome, that a product that could bring a new revenue stream to the short stay accommodation eco-system would be in high demand.

“This funding round will enable us to keep up with the huge demand we have experienced and continue our rapid international expansion.“

The news comes after the firm closed a £400,000 Seed after participating in PiLabs, London’s proptech accelerator.

Speaking about the round, Faraz Nagree, lead investor at Flux Group added: “It has been an incredible journey so far and we at Flux see great potential in both the YourWelcome team and the corporate let/short stay market.”

YourWelcome claims to be in use by 5,000 guests in London every month. Since launching in May last year, the firm also says its tablets have been installed in more than 2,000 properties in 23 different countries.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

petya

Petya ransomware attack: What you need to know
posted 11 hours ago

Here’s how you can deliver a killer presentation
posted 12 hours ago

Hometree gets £1.9m from investors including LocalGlobe
posted 15 hours ago

Smart home battery firm Moixa gets £2.5m to grow in the UK and abroad
posted 17 hours ago

UK tech reacts to Google’s record-breaking £2.14bn fine
posted on June 27, 2017

Beyond the to-do list: 6 tips to help tech entrepreneurs increase their productivity
posted on June 27, 2017