2 years ago

Superhog Secures £5.5 Million to Combat Short-Term Rental Fraud

  • London-based short-term rental verification platform Superhog has raised £5.5 million in a Series A funding round led by Hambro Perks, 6 Degrees Capital, and Solano Partners

  • The company plans to use the funding to expand into new markets, such as the US, grow its team, and enhance its risk assessment technology

  • Superhog provides guest screening services to prevent fraud in the short-term rental market, boasting over £5 million in annual recurring revenue and 800+ property company users.

      • ProblemTechnology

      "Short-term rental fraud is a growing problem, with losses from holiday fraud rising by 41% year-on-year. This hurts both property owners and guests."

      Solution

      "Superhog provides a platform to screen guests during short-term stays to prevent fraud. They verify guests and hosts by allowing their mobile phone operator to disclose details including name, address, billing method, device type and others."

      Covered on