London-based GuestReady - one of PhocusWire’s Hot 25 Startups for 2019 - has raised an additional $6 million, bringing its total Series A round of funding to nearly $10 million.
The round was co-led by Impulse VC and VentureSouq, with participation by additional existing investors including Boost Heroes, Aria Group and 808 Tech Ventures.
GuestReady manages more than 2,000 short-term rental properties in more than a dozen cities in the United Kingdom, France, Portugal, United Arab Emirates, Malaysia and Hong Kong.
The company says it will use the funding to further develop its proprietary property management software and to continue expanding in Europe and Asia, possibly through acquisitions of locally successful property management companies.
In addition to marketing residential properties on platforms such as Airbnb and Booking.com, GuestReady helps property owners maintain compliance with local housing regulations and provides guest services and property maintenance.
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