Copenhagen-based Your.Rentals, a leading short-term rental management platform, has secured €2.7 million in growth finance, with an investment from Trind Ventures following a successful Seedrs crowdfunding campaign. This capital infusion will fuel Your.Rentals’ expansion efforts, allow them to enhance their financial services for property owners and managers, forge strategic partnerships with key channels like Booking.com, and introduce a mobile app for seamless management.
Your.Rentals has introduced new financial solutions, such as providing advanced payouts to property owners and managers once bookings become non-refundable. They also offer revenue-backed loans to eligible clients, improving their financial stability.
The company has expanded its partnerships with various channel partners, including Plum Guide and Check24, and has become an exclusive partner for Booking.com’s Request To Book pilot campaign. These partnerships strengthen Your.Rentals’ position in the industry, allowing its customers to reach more guests and secure more bookings.
Moreover, Your.Rentals is preparing to launch a mobile app for iOS and Android, making it easier for users to manage bookings and communicate with guests while on the move.
“We are extremely excited to partner with Trind Ventures,” said Andrew Martyn, CEO and Co-founder of Your.Rentals. “Their expertise and track record in scaling disruptive technology companies make them the perfect partner to help us take our business to the next level.”
Trind Ventures’ investment in Your.Rentals supports the company’s mission to simplify property management for hosts and property managers. Trind Ventures specializes in investing in high-growth platforms with community-based business models and aims to expand its network across key industries in Europe through this strategic investment.
“Your.Rentals has established itself as a leading player in the short-term rental industry,” stated Kimmo Irpola, Partner at Trind Ventures. “We believe in their inspiring leadership, community-driven approach, and strategic growth model. We are confident that this partnership will drive the company’s growth and success.”
With the new infusion of capital, Your.Rentals is scaling its go-to-market and accelerating product development to better serve both short-term rental owners and property managers.
Click to read more funding news.
