How Much Did Limehome Raise? Funding & Key Investors

Limehome has successfully raised funds through multiple rounds, including a Series B round on November 8, 2022, with notable investors such as Lakestar and AW Rostamani. The company transforms commercial spaces into stylish apart-hotels, catering to both business and leisure travelers.

Keep reading to explore the intricacies of Limehome's fundraising journey and the investors backing this innovative platform.

What Is Limehome?

Limehome, founded in 2018 by Josef Vollmayr and Lars Stabe, is a hospitality startup based in Munich, Germany. The company specializes in transforming commercial spaces into stylish apart-hotels, catering to both business and leisure travelers.

Operating within the hospitality, travel, and e-commerce industries, Limehome offers a fully digital and contactless experience, including digital check-in and check-out. With an employee count ranging from 251 to 500, the company emphasizes a digitized guest experience with large, stylish suites featuring Scandinavian design.

How Much Funding Has Limehome Raised?

1. Pre-Seed Round
   • Amount Raised: Not publicly disclosed
   • Date: July 2018
   • Lead Investors: Picus Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To kickstart the business and develop the initial tech platform.
2. Seed Round
   • Amount Raised: €5M
   • Date: February 2019
   • Lead Investors: HV Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand operations and enhance the digital guest experience.
3. Series A
   • Amount Raised: €31M
   • Date: October 2020
   • Lead Investors: HV Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale the business and enter new markets.
4. Venture Round
   • Amount Raised: Not publicly disclosed
   • Date: November 2021
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support ongoing growth and technological advancements.
5. Series B
   • Amount Raised: €45M
   • Date: November 2022
   • Lead Investors: AW Rostamani, Capital Four
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To expand operations, including organic growth and acquisitions, and enhance the scalability of their tech platform.

Total Amount Raised: €81M

Current Valuation: Not publicly disclosed

Key Investors

• Lakestar
  • Details: Lakestar is a venture capital firm that invests in technology companies. They have a strong track record of backing successful startups.
  • Investment Focus Areas: Technology, Internet, Media
  • Notable Investments: Spotify, Skype, Facebook, Airbnb
• AW Rostamani
  • Details: AW Rostamani is a multi-billion-dollar conglomerate based in Dubai. They have diverse business interests across various sectors.
  • Investment Focus Areas: Automotive, Real Estate, Retail
  • Notable Investments: Not publicly disclosed
• HV Capital
  • Details: HV Capital is a venture capital firm that has been investing in internet and technology companies since 2000. They focus on early and growth-stage investments.
  • Investment Focus Areas: Technology, Internet, Consumer Goods
  • Notable Investments: Zalando, FlixBus, Delivery Hero
• Picus Capital
  • Details: Picus Capital is an early-stage technology investment firm. They support entrepreneurs from the seed stage through to growth.
  • Investment Focus Areas: Technology, Fintech, Real Estate
  • Notable Investments: Personio, Forto, Lilium
• Capital Four
  • Details: Capital Four is an asset management firm specializing in credit investments. They manage a range of investment strategies.
  • Investment Focus Areas: Credit, Private Equity, Real Estate
  • Notable Investments: Not publicly disclosed

What's Next for Limehome?

Limehome's future looks promising with a substantial €45 million investment aimed at expanding its operations. The company plans to grow both organically and through acquisitions, leveraging the capital to enhance its technology platform and service offerings. This expansion strategy aligns with industry trends favoring technology-driven solutions in the hospitality sector.

Given the significant recent investment, future fundraising opportunities seem likely as Limehome continues to scale. However, the company may face challenges such as competition from other serviced apartment providers and traditional hotel chains, as well as the complexities of integrating acquisitions while maintaining service quality.

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