Homelike picks up €4M Series A
There seems to be no end to the number of startups operating in the travel and accommodation space. These range from online travel agencies, hotel booking sites and aggregators, to companies that help hotels fight back in an attempt to get more direct bookings. And of course there is Airbnb and its ilk.
One growing sector we can add to the travel accommodation list is long term stays for business travellers. Enter Cologne-based Homelike, founded in 2015 by Dustin Figge and Christoph Kasper. The German startup targets business travellers who need “long-stay” accommodation of a month or more and for which a hotel doesn’t really cut it. Citing growing demand from both the supply and demand side, the startup has just raised €4 million in Series A funding led by Cherry Ventures, with participation from existing backer Coparion.