Global channel manager Rentals United has announced an investment of $4.25 million from Stella EOC Capital and Howzat Partners, with existing investors also participating in the round.
Rental United’s principal aim is to provide all short-term rental property managers with premier channel management and a marketing solution that allows them to increase revenue and save time.
Furthermore, the company provides a number of leading travel websites with access to a substantially larger inventory in order to serve the rapidly growing demand from modern travellers.
The company, which was founded in 2015, has offices in Stockholm, Barcelona and Warsaw and helps more than 2,000 property managers distribute over 250,000 listings onto over 60 travel websites. Current travel website partners include Airbnb, Booking.com and HomeAway, in addition to all locally relevant platforms in many regions globally.
In addition, Rentals United claims to hold the record for onboarding the most properties onto Airbnb in 2018.
The latest round of funding will allow Rentals United to continue its mission of providing advanced distribution & automation tools for its international customer base, by investing in talent acquisition, international expansion and additional technology advancements.
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