Airbnb property management startup Hometime just scored $6 million from a new VC fund that offers debt - Startup Daily

Google News - STR Property Management
Published: June 18, 2019
Hosting Operations

Summary

The Airbnb property management startup, Hometime, secured $6 million in funding from a new VC fund offering debt. This investment signals continued growth in the STR property management sector. It enables property managers to grow and offer more services. New funding can contribute to competitive advantages for management companies in the short-term rental market.

Key Insights

  • Airbnb property management startup Hometime secured $6 million in funding.

Action Items

  • Consider the rise of property management companies and how they are impacting the market.
    Effort: low
    Impact: medium

Tools & Resources

  • VC fund: This funding was provided by a new VC fund.

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