Homelike operates an Airbnb-like marketplace focused on furnished rentals of a month or more, with no private-home listings. The platform targets business travelers and other customers needing stays longer than typical short-term rentals. It lists about 45,000 furnished apartments and serves more than 15,000 corporate clients across 100 cities in Germany, Austria and Switzerland. Homelike aims to cover all major business hubs in Europe by the end of next year and is expanding to more European markets, starting with the UK. The company plans to broaden its services for renters (local recommendations, insurance, mobility, cleaning, gym memberships) and to build end-to-end tools for property owners to digitize management and accounting workflows. Since being founded in 2015, Homelike has grown its marketplace footprint and service roadmap while continuing geographic expansion. Homelike is a German startup (founded in 2015 in Cologne) that offers an online booking platform for furnished apartments targeting business travelers needing month-or-more stays. The product provides a secure, no-friction booking experience with corporate travel features such as VAT invoicing and digital rental agreements signed by both parties. Apartment providers can list entire inventories after verification while Homelike handles end-to-end billing and transaction processes. The company collects data on rental prices, locations and floor plans and plans to use that data to vertically integrate with developers to create tailored supply for business travel. Homelike cites that furnished apartments are often about 40% more cost-effective than hotels for prolonged stays and that the temporary housing market is growing roughly 20% year over year. Financially, the company has just closed a €4M Series A led by Cherry Ventures with participation from existing backer Coparion.

Total raised

$19M

Funding rounds

2

Latest round

Equity

Latest activity

Aug 2018