Spotahome, Startup that has developed one of the main digital platforms for digital rental of medium and long -term apartments, again has the support of investors. The company has closed a financing round of five million euros to boost its growth. The operation has attracted new investors, which bind to the current strategic partners, all entrepreneurs and executives with a long history in the creation and consolidation of leading companies in their respective sectors. Thus, Actyus has participated in the transaction among new investors, along with former partners such as Pasion Capital, Seaya Ventures, Kleiner Perkins and 14W.
Within the framework of this capital injection, Spotahome has partially renewed its board of directors, incorporating new profiles that “provide strategic vision and dynamism.” Within the changes, the Sergio Furio Council has joined, on behalf of Actyus. Furio has extensive business experience such as CEO of Creditas, the digital platform for leader financial solutions in Latin America, valued at more than 5,000 million dollars.
Alejandro Artacho, CEO and co -founder of Spotahome, points out that “this milestone would not have been possible without the talent, dedication and commitment of our entire team, as well as without the support and strategic vision of our Council, formed to date by Pasion Capital, Seaya Ventures, Kleiner Perkins and 14W; and other shareholders.” The manager emphasizes that the arrival of our new investors “is a vote of confidence towards our vision and the potential of Spotahome to continue growing sustainably.”
According to the company, the financing round is based on its “robust and highly scalable” operational base. The company indicates that it reached profitability (break even) in the second semester of 2024 and maintains an year -on -year growth of 35%.
The company has carried out different financial operations in recent years to impulse its activity. during 2023, its British matrix, British Spotahome Ltd, made different capital injections so that the company could meet the commitments acquired and continue with the execution of the business plan, according to the company in the financial report of that year. Thus, during that year, he made contributions for 5.4 million euros, in order to strengthen the patrimonial situation of the company, and allow the company to continue with its activity.
Previously, in October 2021, the firm completed a new financing round of 25 million euros, led by the aforementioned 14W, and with the participation of Kleiner Perkins, Seaya Ventures, Pasion Capital, Mundi Ventures, Howzat Partners, All Iron Ventures (current Acurio), Samaipata and The Venture City. Previously, in 2018, he had raised 34 million in a series B series led by Kleiner Perkins. In 2017, Spotahome closed a 13.7 million series A, led by Passion Capital and Seaya Ventures, raising its total financing to 21.1 million. They also joined all Iron Ventures and The Venture City, in addition to others business angels. Initially, the firm had been financed by “Family & Friends”, and subsequently receive the support of funds such as Pasion Capital, Howzat Partners, Seaya Ventures and Samaipata Ventures, together with different business angels International
In operational terms, Spotahome explains that, with a majority of international transactions, 85% of the volume of managed rentals, which exceeds 200 million euros, is generated in just eight cities, “which demonstrates a great potential for growth and expansion for the coming years beyond the 28 countries where it operates today.”
Since its birth in 2014, the firm has expanded through different European cities until it currently has a presence in 28 countries, with local teams leading the national operations in Madrid, Berlin, Lisbon and Milan, its main markets being Spain, Portugal, Italy and Germany.
“Now Spotahome’s goal will be to continue working to improve the user experience for both tenants and for owners who use our platform, deepen strategic alliances and continue growing to consolidate our position as market leaders,” says Artacho.
