Holidus loss falls by two million euros
The holiday home rental platform has had a net loss in the millions every year since it was founded in 2014. In the 2019 financial year, Holidu developed positively.
Holidu has presented its financial statements for 2019. As German start-ups reported, the company's loss fell from €6.9 million in fiscal 2018 to €4.8 million. At the same time, revenue increased from €14.8 million to €24.7 million. The start-up thus achieved its growth targets for 2019.
Holidu is a search engine for holiday homes that Johannes and Michael Siebers founded in 2014. Holidaymakers from 21 countries now use the platform. The company's investors are 38North, Prime Ventures, EQT Ventures, Coparion, Senovo, Kees Koolen and Lios Ventures. In its last funding round last May 2021, Holidu raised €37 million.
"With the funding, we will invest heavily in product development and double our tech organization," co-founder and CTO Michael Siebers said after the funding round.
Newsletter
Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.
LinkedIn ConnectTake care, give care
Did this news inform or entertain you? Then we would be happy if you tell your network about it.
Share on Linkedin Share on Facebook Share on XingRelated companies
Startup
2014
München
Holidu
Search engine for vacation rentals from all over the world.
Investor
1994
München
Investor
2016
Köln
Investor
2016
München
FYI: English edition available
Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?
FYI: Deutsche Edition verfügbar
Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?
