Rental management platform Your.Rentals has closed an investment round totaling €2.7 million.
The Denmark-based company had announced €2.15 million in funding earlier this year, which included crowdfunding via Seedrs, and has now added investment from Trind Ventures to the round.
Your.Rentals, which was founded in 2016, plans to use the funds to invest in product development and further growth. The company recently introduced financial solutions for short-term rental owners and property managers, including advanced payouts and revenue-backed loans.
It is also working on a new mobile application to help owners and managers with the “seamless management of bookings and guest communications while on the move.”
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Further recent milestones for Your.Rentals include being chosen as one of the partners for Booking.com’s Request To Book pilot campaign.
Andrew Martyn, co-founder and CEO of Your.Rentals, described Trind as the perfect partner given its “expertise and track record in scaling disruptive technology companies.”
Kimmo Irpola, partner at Trind Ventures, said, ”Your.Rentals has established itself as a leading player in the short-term rental industry. We believe in their inspiring leadership, community-driven approach, and strategic growth model. We are confident that this partnership will drive the company's growth and success."