Cherry Ventures in €4m round for Homelike
Cherry Ventures has led a €4m series-A funding round for Cologne-based property rental software developer Homelike.
Existing investor Coparion also participated in the financing round, which will be used to build out the team.
The company will be recruiting in all areas but focusing especially on technology and product development hires.
Homelike currently operates in 100 cities in Germany, Austria and Switzerland, and plans to continue international expansion.
Previous funding
Coparion participated in Homelike's seed funding round for an undisclosed amount in 2014.
Company
Founded in 2014 and based in Cologne, Homelike is an online software platform that advertises furnished apartments for long-term rental. It is targeted at business travellers that need to stay in a location for longer than one month. It lists 30,000 apartments in 100 cities and employs 45 people, according to the company website.
People
Cherry Ventures – Christian Meermann (partner).
Coparion – David Zimmer (managing partner).
Homelike – Dustin Figge (CEO).
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