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Withers tech advises vacation rental software platform Lodgify in $30 million Series B funding round

5 December 2022

The Withers tech team has advised vacation rental software Lodgify, on their $30 million Series B funding round. The financing was led by Octopus Ventures, with participation from Bonsai Partners, Aldea Ventures and ICF (Institut Català de Finances), as well as existing investors, Intermedia Vermögensverwaltung and Nauta Capital.

Lodgify is a PropTech company that offers an all-in-one vacation rental software that enables property owners and managers to independently manage and market their business online. The SaaS start up offers seamless API integrations with all the main vacation rental channels – Airbnb, Vrbo, Booking.com, and allows users to accept direct bookings and payments without requiring any tech skills.

Withers is at the forefront of thought leadership for real estate and hospitality innovation. The Future of Real Estate report, which was published in 2021 and has been downloaded over 40,000 times, looks at the new approaches to the use of real estate – whether this be new types of funding, new attitudes to investment, ownership and the use of technology to bring it together.

Cambridge partner Susanna Stanfield, comments: “We are thrilled to have advised on Lodgify’s Series B fundraising. This is a fantastic achievement for the company, and we look forward to seeing their continued growth – this funding round provides a clear indication that investors are backing innovation in the property sector.

Withers tech is the technology, life sciences and venture capital focused team at international law firm Withers. The Withers tech team was led by Susanna, working alongside associates Velyana Borisova and Anthony Kydoniefs.

To view the Future of Real Estate report, click here.

This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.

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