GuestReady secures £4.7m Series A funding led by Impulse VC and VentureSouq
The funding round was co-led by Impulse VC and VentureSouq to support product development and international expansion.
GuestReady provides property management services and software to transform residential homes into short-term rental listings. The group operates across multiple international cities and manages thousands of properties.
GuestReady has secured £4.7m in Series A funding in a round co-led by Impulse VC and VentureSouq, with participation from several existing backers including Boost Heroes, Aria Group, and 808 Tech Ventures, alongside new investor Cornelius Boersch and the European Investment Fund. The capital will be allocated towards product development, international growth initiatives, and potential acquisitions across European and Asian markets. This financing follows previous acquisitions by the group, including French and Portuguese operator BnbLord.
The company uses its proprietary property management software to oversee more than 2,000 properties spanning 14 cities globally. Leadership notes that the fresh funds will help maintain operational efficiency and strengthen local market positions as the short-term rental management sector continues to expand.
From the founder
"We can build on our experience in scaling operationally complex companies and apply previous learnings in our journey with GuestReady. We have highly capable teams in our local markets that bring the necessary local expertise into the mix so that we can move faster and stay more capital efficient than others in our industry."
Christian Mischler
chairman and co-founder at GuestReady
Investor perspective
"Tech-enabled services for the property industry are a super-hot trend right now. GuestReady is poised to disrupt this market as one of the fastest growing companies in the segment of short-term rental management."
Cornelius Boersch
Business Angel and founder, Cornelius Boersch
Use of funds
- 01Continue product development
- 02Expand into international markets
- 03Fund acquisitions
Investors
Impulse
VentureSouq
Boost Heroes
Aria Group
808 Tech Ventures
Cornelius Boersch
Cornelius Boersch
European Investment Fund