8 years ago
TravelNest Raises €3.4 Million to Optimize Holiday Rental Advertising
Edinburgh-based TravelNest, an advertising optimization platform for holiday rental owners, has secured a €3.4 million seed round from Pentech, Mangrove Capital Partners, and Frontline Ventures
The company will use the funding to expand its engineering team and further develop its product
TravelNest helps hosts maximize revenue by intelligently managing their advertising across multiple booking sites, providing data on property views, occupancy, and income, and comparing the performance of each site
The company is free to use, making a commission from advertising booked through the platform.
ProblemTravel & Tourism
"Holiday rental hosts struggle to effectively manage their listings across numerous booking platforms, leading to lost revenue and unsold dates."
Solution
"TravelNest provides a centralized platform that uses data and automation to optimize advertising and listing management for holiday rental hosts, maximizing their revenue and occupancy rates."