Myne receives €23.5 million

The start-up sells shares in vacation homes and coordinates when each owner can use the property. It has now raised money from investors with this concept.

According to information from Finance Forward Myne has received 23.5 million in equity and credit lines in a financing round. Ramin Niroumand has invested in the startup through his fund Embedded Capital, and Rivus Capital is also among the investors. Several business angels have also invested in Myne, including Finanzcheck founder Moritz Thiele, Hometogo founder Nils Regge, Auto1 founder Hakan Koç, Scope Hanson and Christian Gaiser.

Fabian Löhmer and Nikolaus Thomale founded Myne last year. The start-up offers "managed co-ownership" for vacation homes. Two to eight people share ownership of a vacation property and pay only a share of the costs for purchase and maintenance. Myne coordinates the occupancy times of the property, the management, the renovation and the equipment of the houses. So far, the start-up owns properties in Germany, Austria, Spain and France.