HostnFly eyes up European expansion!

Recently, HostnFly, the Paris-based Airbnb property management startup, announced that they had raised $10M in a round led by Highgate Ventures. Alongside Kerala Ventures, we at Partech also took part.

Launched back in 2016, HostnFly have been transforming the short-term rental management industry. Use of their service allows owners to rent their home on Airbnb while they are gone, quickly, simply and with peace of mind. They do everything from creating ads and taking photos of your property to handling the maintenance and even the exchange of keys. 

Their smart algorithms allow them to perfectly optimize the listing prices and have solidified HostnFly as the number 1 player when it comes to Airbnb conciergerie services in France. They now manage over 3,000 properties in Paris, Lyon and Marseille and have helped host a whopping 150,000 guests!

With the new funds in the bank, HostnFly has its eyes set on bringing their services to Europe… get ready Spain and Italy!  But not just that, they are doubling down on existing markets, developing their offering and bulking up their team with 50 new hirings in the next year. 

With a partnership already signed with Odalys to bring their service to seasonal areas, the future is looking bright for HostnFly!