Today, we’re excited to share our biggest internal news to date – we’ve just raised $5 million in Series A funding to continue building direct channel technology for the vacation rental industry.
This new capital injection marks an important endorsement of Lodgify’s strategy, and we’re looking forward to the opportunities it will bring. Above all, it means we’ll be able to do things like scale our team, launch our mobile app and continue developing API connections with the most significant channels.
Since our last funding round in 2016, we have tripled both our customer base and our team, as well as hit the milestone of quadrupling the number of bookings per property. We’re excited to help fuel our users’ growth even further, and to see what the next chapter of the Lodgify story holds.
So far, our software has helped owners with properties in over 116 countries increase their direct bookings – you can read some of their success stories on our blog.