Lodgify, a Vacation Rental SaaS raises $30M in Series B Funding. The investment round was led by Octopus Ventures. It gives small- to medium-sized property managers and hosts more control over managing and expanding their vacation rental operations.
As a firm that puts its customers first, Lodgify will use all the funds to develop new products and increase the range of services we offer to assist our clients in achieving their professional objectives.
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The funds will be used by Lodgify to hasten global expansion, spur product growth, and increase customer support. The goal of Lodgify is to use technology to enable any host or vacation rental company to launch and expand their operations anywhere in the world. The growing ecosystem of tools and services that both small and large hospitality businesses increasingly rely on to scale up and professionalise operations will be aided by this investment.
The R&D team at Lodgify has increased to over 70 personnel in recent years, and the company as a whole now employs approximately 200 people from 43 different countries. With their extensive software suite, they are able to assist both lone hosts and quickly expanding property management companies in increasing bookings and reducing labour costs.
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