Spotahome, a Madrid-based startup founded in 2014 and currently employing 200, has closed €13.6 million in Series A backing for further expansion and new product development to digitise more of the experience when booking mid to long-term accommodation online.
Spotahome has generated more than €60 million in total contract value for landlords. All accommodation is vetted and verified in person by members of the Spotahome team, who create audio-visual material to build the trust of users who are being asked to take out a contract for accommodation remotely.
To date, Spotahome has created a library of more than 40,000 properties in Europe and the Middle East, including photographs, high-definition video and 360 degree tours. It operates in Italy, Spain, France, Belgium, UK, Ireland, Germany, Austria, UAE and 16 cities across the EMEA region.