Copenhagen-based Rental Management Platform Your.Rentals secures €2.7M in funding from Trind Ventures, which is known for investing in Webel and Mjuk. Your.Rentals plans to use the investments to scale its go-to-market and accelerate product development to better serve both short-term rental owners and property managers.
The short-term rental industry now has additional financial options thanks to Your.Rentals, which Andrew Martyn launched in 2016. The business makes managing short-term rentals easier while giving owners and property managers more visibility, control, and income.
The short-term rental business is being redefined by Your.Rentals, which has a specialised workforce and a global presence. Two projects were introduced by the corporation earlier this year.
First of all, it gives owners and property managers the chance to get Advanced Payouts as soon as their reservations stop being refundable. Through Your.Rentals, the second programme enables qualified owners or property managers to qualify for revenue-backed loans.
Your.Rentals intends to release a brand-new iOS and Android mobile application. According to the business, the mobile app will make it easy to handle reservations and guest communications while on the go. For its users, the software will make renting simpler.
In addition, it has expanded its Channel Manager to include additional channel partners like Plum Guide and Check24. These strategic alliances solidify Your.Rentals’ position as a market leader and help its clients reach more visitors and book more reservations.
Andrew Martyn, CEO and Co-founder of Your.Rentals said, “We are extremely excited to partner with Trind Ventures, Their expertise and track record in scaling disruptive technology companies make them the perfect partner to help us take our business to the next level.”
Kimmo Irpola, Partner at Trind Ventures said “Trind Ventures is equally optimistic about the partnership. “Your.Rentals has established itself as a leading player in the short-term rental industry, We believe in their inspiring leadership, community-driven approach, and strategic growth model. We are confident that this partnership will drive the company’s growth and success.”
Private and small business short-term rental property managers may handle all of their marketing, bookings, operations, and payments through Your.Rentals. No bother, no manual labour, and no stress. Our clients may concentrate on expanding their company.