Limehome raises 45 million euros

The Munich-based provider of design apartments is about to expand into other European markets. To this end, the start-up also gained new investors.

The Munich-based start-up Limehome has raised 45 million euros in a financing round. The start-up is a provider and operator of digitalized design apartments in Europe. With the new capital, Limehome now wants to expand into other European markets. The start-up also wants to take over existing operators.

The new money comes from two new investors, including Dubai-based AW Rostamani Group and Capital Four, a Scandinavian credit asset management boutique. Existing investors HV Capital, Picus Capital and Lakestar also participated in the funding round, according to Limehome.

Founded in 2018 by Cesar de Sousa Freitas and Josef Vollmayr, the startup now offers more than 3,000 apartments in 100 locations in seven countries. The company automates the necessary processes from pricing to check-in and invoicing. With this business model, the company says it is profitable. Sales have also tripled annually during the pandemic.