Onefinestay operates a curated platform that rents private luxury homes with hotel-style services (cleaning, linens, toiletries, concierge and loaner iPhones). The company lists homes in London, New York, Paris and Los Angeles and says its inventory is six times larger than the combined inventory of The Ritz, The Plaza, Hotel George V and Hotel Bel-Air. Hosts and guests are selectively vetted (about one property accepted for every nine rejected), and Onefinestay also sells a patented, key-free smart-lock system called Sherlock. It typically takes roughly a 50% cut on transactions and says it is currently "investing in growth." The business emphasizes partnerships with hospitality incumbents and operational expansion rather than disclosing valuation or revenue figures. Onefinestay operates a curated marketplace of luxury homes and apartments marketed as an “unhotel,” combining high-end short-term rentals with hotel-style amenities. The company provides linens, toiletries, an iPhone app with local tips, free local calling, and guest services including cleaning and access to private chefs. Launched in London a little more than two years ago, it has grown its inventory from six to about 500 homes. The company says some hosts are earning significantly more than $50,000 a year. It is launching in New York City and plans further international expansion. Onefinestay has raised $12M in a Series B and has now raised a total of $16M. Onefinestay operates a fully managed "unhotel" service that lets travelers stay in owners' private homes while the owner is away. The company handles inventory, insurance, and guest amenities (towels and toiletries supplied via the White Company) and even offers room service from local restaurants. Guests are loaned an iPhone for the stay to make local calls and access information about the home and area. Prices cited range from about £150 to £1,000 per night. Onefinestay launched initially in London and has been largely bootstrapped aside from friends-and-family funding to date. The new capital is intended to scale operations in London and to "build unhotels across the globe."

Total raised

$56M

Funding rounds

3

Latest round

Series D

Latest activity

Jun 2015