A business that markets homes for short-term lets and then looks after the guests has raised over £6m, with over £1m of that through crowdfunding.
Airsorted, which incorporated and went live in 2015, values itself at over £26m.
Airsorted launched in London, and raised £1.5m in seedfunding the following year in 2016, when it launched in Edinburgh and Dublin.
Last year it launched in Australian cities Sydney, Brisbane, Auckland and Melbourne, and also expanded in the UK into Brighton and Bristol.
So far this year it has launched in Paris, and by the end of next year aims to be in 38 cities.
Its current pitch on Seedrs was launched on March 26, following on from a Series A fundraising round.
Altogether there are now 522 investors. On offer is a stake in the business of 18.7%.
Co-founder and CEO James Jenkins-Yates, 27, says on Seedrs that the directors aim to achieve an exit by 2021/2022.
Yesterday afternoon he told EYE: “I can confirm that Airsorted has secured over £1m from the crowd so far.
“The crowdfunding campaign is still live and running on Seedrs.
“It brings the total amount of money raised by Airsorted to over £6m.
“Earlier, in March, we raised £5m in Series A funding from investors including Atami Capital, Concentric, Maxfield Capital and Pi Labs.”
love to know where these amazing CEO s come from . Do their dad’s own the investment companies because the name should get slaughtered by airbnb in court for trademark laws.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
‘WORTH’ an very oft misused word in the context of value…. Their investors must either be incredibly stupid or incredibly wealthy to punt money into what is really just a puff of smoke – or both!
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
Do you actually know what this company does? It’s actually a good idea and it works, I have been an investor in the company from the start and have met the CEO, he is both capable and hard working. I agree that worth is a misused word, I am happy to wait and see what my stake is worth in due course.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register