numa, formerly Cosi, is a Berlin-based digital hospitality startup founded in 2019 that rents rooms and apartments to short-term travelers. The company operates like a classic hotel chain but omits services such as breakfast and a staffed reception to streamline operations. Founders include Christian Gaiser, Dimitri Chandogin, Gerhard Maringer and Inga Svinhufvud Laudiero. numa raised $59 million in a financing from Verlinvest, Cape Capital and existing investors, and was valued at around $300 million according to Handelsblatt. Management says it will use the additional network and financial firepower to grow its digital hospitality platform to run both serviced apartments and hotels. Prior to this round the company had previously raised $45 million from investors including DN Capital, Headline, Cherry Ventures, Soravia, Kreos Capital, TruVenturo and Scope Hanson. NUMA Group is a boutique hotel technology platform that partners with investors, property owners, developers and hotel operators to create technology-enabled units and manage them via a full-stack hospitality offering. It operates roughly 2,500 units across Berlin, Munich, Rome, Milan, Madrid, Barcelona and Vienna and expanded into Spain, Italy, Austria and the Czech Republic in 2021. NUMA's platform automates business processes, applies intelligent pricing and aims to increase occupancy and operator profits. It also offers “NUMA go”, a tech-franchise solution that provides third-party hoteliers with its tech stack for a percentage of revenue. The company used the pandemic to prove its model, reporting 500% revenue growth and 85% booking occupancy. Leadership has stated the goal of establishing NUMA as the dominant technology and creative solution provider for a new generation of hotels in Europe.

Total raised

$104M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2023