Lodgify Raises $30 Million in Series B  

by Kay Aloha Villamor in November 4th, 2022

Lodgify, a Barcelona, Spain-based company that offers an all-in-one solution that simplifies vacation rental marketing, announced that it raised $30 million in Series B funding.

The round was led by Octopus Ventures, with participation from Bonsai Partners, Aldea Ventures, and ICF (Institut Català de Finances), in addition to existing investors Intermedia Vermögensverwaltung and Nauta Capital.

The funds will be used to accelerate Lodgify's global expansion, drive product development, and expand support for our customers.

The funding will further boost the expanding ecosystem of tools and services that small and large hospitality firms increasingly depend on to professionalize operations and scale up.

Dennis Klett, CEO and co-founder of Lodgify, said: "This is great news for our customers! Our priority is their satisfaction, so we will invest all funds in further improving the product and expanding our service offering."

Lodgify has always kept the following objectives in mind: Empower any individual host or small-to-medium-sized lodging business worldwide to get started and grow their business through technology and help them become more independent from large incumbent corporations. All of Lodgify's products and services revolve around those two goals.

Company: Codebay Solutions Limited

Raised: $30.0M

Round: Series B

Funding Month: November 2022

Lead Investors: Octopus Ventures

Additional Investors: Bonsai Partners, Aldea Ventures, and ICF (Institut Català de Finances), Intermedia Vermögensverwaltung and Nauta Capital

Company Website: https://www.lodgify.com/

Software Category: Vacation Rental Software

About the Company: Founded in 2012, Lodgify is a rapidly growing, early-stage travel tech startup building Software-as-a-Service tools for the hospitality industry. It offers an all-in-one solution that enables vacation rental hosts to generate more and manage all bookings from one centralized place. Its software comes with a website builder that allows vacation rental hosts to build their websites easily. It allows owners and property managers to create their mobile-friendly website with a "Book Now" button, manage reservations and calendars efficiently, and instantly synchronize property information with listings on external portals. It accepts direct bookings and payments without requiring tech skills and seamless API integrations with all the main vacation rental channels, including Airbnb, Vrbo, and Booking.com. Plus, many other features, like a unified inbox and all the property management features like task management. Lodgify's mission is to empower any host or lodging business worldwide to get started and grow its business through technology. 

Source: https://www.lodgify.com/blog/lodgify-series-b/

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