HouseTrip gets $17m led by Balderton Capital
November 22, 2011
HouseTrip, the holiday lettings marketplace raised $2.7m from Index Ventures back in April and relaunched to appeal to a wider market than its holiday apartments rental space.
The funding will be used to develop the product, generate more inventory (through additional outreach to holiday apartment hosts) and reach (through marketing and localisation).
Tim Bunting, a Balderton Capital partner says they invested because HouseTrip offered “the best model in a rapidly-growing field.”
Housetrip has offices in London, Lausanne and Lisbon, employes 70 staff.
Further details : TechCrunch Europe