- Sector: Media & Internet
- Deal Type: Founder-led Businesses; Private Capital
- Engagement type: Fundraise
- Size: $100 million
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Holidu on a further $100 million Series E growth capital raise led by 83North. Other investors in the round include Northzone, HV Capital, Vintage Investment Partners, Commonfund Capital, as well as existing investors Prime Ventures, EQT Ventures, coparion, Senovo, Lios Ventures and Possible Ventures. This round also includes a venture debt component from Claret Capital and Silicon Valley Bank.
Munich-based Holidu is a leading technology company in the vacation rental industry. Holidu has built a rapidly growing booking platform for vacation rentals which reached more than 110 million visitors in the last 12 months. In addition, Holidu has established a synergistic and highly successful solution for hosts, called Bookiply, that helps single property owners generate more bookings with less effort and creates a reliably great guest experience. Bookiply already serves nearly 20,000 properties and has 19 offices across its key geographies.
The new funding will enable Holidu to further accelerate organic and inorganic growth, roll-out new offices and propel investments in its platforms.
This transaction exemplifies the position of Arma Partners’ Private Capital practice as a trusted advisor to fast-growing companies and their founders across Europe (having advised previously on Holidu’s C and D rounds) and our ability to execute transactions successfully in challenging market conditions. The transaction further reaffirms Arma Partners’ experience as a leading specialist advisor in the Traveltech sector and our strong footprint in the DACH region.