Participated · Equity · May 2023

StretchSense designs and manufactures data-capture gloves that replace handheld controllers and allow users to interact naturally in extended-reality (XR) simulations. The company’s flagship XR Train glove records detailed hand movements and adds haptic vibrations so trainees build muscle memory that translates to real-world skills. StretchSense targets enterprise and government training in healthcare, education, aviation, defence, and is also pursuing licensing opportunities in the gaming market. Engineering, software, and marketing operations are based in Edinburgh, while hardware design and manufacturing are handled in Auckland through partner and shareholder TPK. A satellite office in the Bay Area supports U.S. customers. Newly appointed CEO Chris Chapman and CRO Philip Jamison bring experience scaling global wearables and XR businesses. Fueled by nearly a decade of R&D, the firm plans to scale production and expand internationally through 2026. Including the latest round, StretchSense has raised close to $20 million across three external funding rounds.

Participated · Series A · Jun 2019

GuestReady operates a tech-driven property management platform and a white‑label PMS that powers its short- and mid-term rental operations and is sold to other managers as a SaaS product. The company sources properties from owners, handles guest bookings and coordinates services such as cleaning, linen and key handovers, automating many manual tasks from centralized support offices. Since becoming operational in 2016, GuestReady has grown to a portfolio of 2,600 properties valued at over €1bn across more than 30 cities including Paris, London, Lisbon and Dubai. The platform has sold over 1.6 million guest nights and generated €60m in rental income this year, reporting a 5.1% EBITDA margin and a 4.8/5 customer rating. Growth has been rapid, with guest-night sales up 740% compared to July 2020. The company intends to use the recent crowdfunding proceeds to support growth in existing markets and expansion into new ones. GuestReady is a Switzerland-based short- and mid-term rental management company that manages homes listed on Airbnb across cities including London, Paris, Dubai, Hong Kong, Kuala Lumpur, Porto, Manchester, Edinburgh, and Cannes. It sources properties from owners and rents them to guests while coordinating cleaning, linen services, and key handovers. GuestReady has developed a property management system (PMS) that automates many previously manual services and enables remote delivery from centralized support offices. The company operates a software-only business model and also offers Online Property Management services such as guest communications and revenue management, enabling it to capture around a 6% commission share. Since 2019 it has offered a white-labelled version of its PMS to vacation rental management companies and traditional property managers at roughly a 2% commission on partners' gross rental revenues. Funds from the current Seedrs round will be used to continue development of the GuestReady platform. GuestReady’s platform handles the operational tasks of short-term rentals—cleaning, laundry, and check-in/out services—while integrating with major booking channels. The company says it manages over 2,000 properties across six countries: the UK, France, Portugal, UAE, Malaysia and Hong Kong. It reports annualized booking volume close to $50 million. CEO Alexander Limpert said take‑home revenue has tripled over the last year and burn has fallen, though he declined to provide specific figures. Growth has been driven in part by M&A; GuestReady completed its fourth acquisition with France-based BnbLord, its largest deal to date. The company is pursuing additional acquisitions and plans to focus on current markets with the possibility of adding one or two new cities later. GuestReady provides end-to-end management services for Airbnb hosts, including cleaning, laundry, and check-in/out support across five cities. The company currently manages over 600 properties and has supported more than 20,000 stays. It is roughly one year old and reports apparent profitability in two cities. GuestReady recently acquired Easy Rental to bolster its presence in London and Paris and has exited Amsterdam after limited traction. The company plans to use new funding to grow its tech team, double down on existing markets, and expand into additional cities, targeting Southern Europe and more developed urban areas in Asia. GuestReady is a global short-term rental management company based in London that provides professional services to property investors, homeowners and Airbnb hosts. Its services include listing creation, guest communication, housekeeping, laundry and key management. The company is led by CEO Alexander Limpert and CFO Patrick Degen. At the time of the article it was operating in six cities: London, Singapore, Hong Kong, Paris, Kuala Lumpur and Amsterdam. GuestReady plans to roll into new countries soon and intends to use recent funding for product development and hiring essential staff. The company closed a USD750k angel funding round to support these plans.