Founded by Debbie Wosskow and launched in October 2011, Love Home Swap operates a membership-based holiday home exchange marketplace. Members pay an annual fee for unlimited swaps, access to direct rentals, and — with the newly introduced Swap Points scheme — the ability to bank time in their property to redeem later. The service lists about 55,000 properties across more than 150 countries and claims members save an average of £2,202 per home swap. Recent activity includes an acquisition of 1stHomeExchange, which increased listings by roughly a third overnight. The company has signaled growth ambitions, aiming to double its member base over the next 12 months. To support that, it plans to invest in marketing, product development and hires in sales and customer service. Founded by Debbie Wosskow and launched in October 2011, Love Home Swap operates a paid-membership holiday home exchange service that lets members swap residences across 70 countries. Membership requires a paid subscription; premium members receive access to a dedicated travel team, personal concierge, travel guides and other benefits. The company emphasizes social features—members share local tips—and plans further social, mobile and local product development, including deeper Facebook integration and multi-language support (a French version is due in January). Love Home Swap is also developing a bespoke home-swapping insurance product in partnership with Hiscox, which it expects will create an additional revenue stream. The service positions home swapping as a cost-saving alternative to renting holiday accommodation and is targeting 50,000 members by mid next year. To reach that goal it plans a number of competitor acquisitions as part of its scaling strategy.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2013