Latest on the blog

Thursday 28 November 2013

Our 2nd Round of Investment

We’re excited to announce that we’ve secured another round of funding - $1.5 million from 3 leading venture capitalists & angel investors including: MLC50, Professor Eli Talmor, InterCapital, and David Wolfe, a London Business School alum who has been an investor and entrepreneur for over 25 years.

This is our second round of investment, with this funding we will expand into markets further afield, and increase the number of rooms and apartments available for short-term rental on our site. Most importantly, we will keep working to improve our platform which we re-launched just a few months back with new technology, new design, and new branding - FlatClub 2.0

Nitzan Yudan, founder of FlatClub located in TechHub, “This investment, coupled with the wealth of experience and guidance from our new investors, will help us extend this successful ‘model of trust’ into other cities around the world and more trusted networks and take FlatClub to new levels.”

We’re all so grateful for the support of our members, and all of your feedback. As a startup it is vital that we receive reactions from our hosts and guests.

We've also got another milestone to be proud of: 10,000 flats have been posted on our site, and we're going to use this funding to increase that even further!

We look forward to improving our service for you and sharing more good news in the coming year.