AltoVita secures £7.8m Series A funding co-led by Novum Capital Partners and Fifth Wall
The investment was co-led by Novum Capital Partners and Fifth Wall to support international expansion and product development.
AltoVita operates a global corporate accommodation platform connecting enterprises with vetted housing options worldwide. The company provides cloud-based software to streamline property booking and management for businesses.
AltoVita has secured £7.8m in a Series A funding round co-led by Novum Capital Partners and Fifth Wall. The capital will enable the company to scale operations, expand into new markets, and attract top tier talent across technology, product, hospitality growth, business development, and customer success.
The business provides an enterprise software platform designed to modernise the corporate accommodation sector. Its technology connects fragmented property supply with major corporate clients while ensuring quality control and compliance.
Investor perspective
"From the first meeting, we were completely bought into Vivi and Karolina’s vision. AltoVita is one of the most capital efficient operations that I’ve seen in many years and the growth AltoVita has achieved is rare, particularly within the current market challenges. The company brings a truly unique offering to the corporate travel market and we couldn’t be happier to see the progress that the team has made over the past year. Our recent investment will give AltoVita the firepower to scale its vision into new markets, and continue to develop its seamless solution for the fragmented corporate accommodation sector."
Gabriele Gallotti
Founding Partner, Novum Capital
Use of funds
- 01Grow the team
- 02Continue product development
- 03Expand into international markets
