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Your.Rentals raises EUR 2.2 million through crowdfunding and private placements
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Apr 19, 2023
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Apr 19, 2023

Your.Rentals raises EUR 2.2 million through crowdfunding and private placements

Funding

  • Property management system (PMS) provider Your.Rentals raised EUR 2.2 million (~USD 2.4 million) in funding, with EUR 1.7 million (~USD 1.9 million) raised through crowdfunding and the remainder of funds through private placements from angel investors.

  • Funding will be utilized to increase its workforce and speed up PMS product development catered toward small property managers, agencies, and hosts that typically do not have access to the same resources and tools as bigger operators.

  • Denmark-based Your.Rentals provides B2B revenue management tools in the form of property management software, channel management, and guest communication tools to aid hosts and property managers to manage their properties more efficiently.

  • Analyst QuickTake : Your.Rentals differentiates itself from other PMS providers, given its focus on smaller property managers. The company's pricing model is commission-based, allowing users to sign up for free and pay only when they receive a booking, making it ideal for smaller, budget-conscious property managers.

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