# GuestReady

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/guestready

- Industry: Business Support Services
- Headquarters: London, UK
- Website: www.guestready.com
- Total disclosed funding: $9.8M
- Latest round: Series A (Jun 17, 2019)
- Investors on record: 8

## About

Based in Switzerland, GuestReady is a hospitality management platform specializing in short- and mid-term rental solutions that optimizes operations for property owners and enhances guest experiences.GuestReady AG is a hospitality management company that provides comprehensive services for short- and mid-term rental properties. Founded in 2016 by Alexander Limpert, Lou Chan, and Patrick Degen, the company is headquartered in London, UK. GuestReady has completed a total of 6 deals, with the latest funding round being VENTURE DEBT in December 2020, raising EUR 2.4 mn from investors Impulse VC and Seedrs, contributing to a total amount raised of EUR 6.0 mn.GuestReady operates as a comprehensive hospitality management company specializing in short and mid-term rental solutions. Their property management services include guest communication, check-in facilitation, cleaning services, dynamic pricing strategies, and listing management. The RentalReady platform further enhances operational efficiency for property owners. GuestReady serves individual property owners, real estate developers, and institutional clients across key markets in Europe and the Middle East, including London, Paris, Dubai, and Madrid, effectively addressing the challenges of rental property management.In the most recent year, GuestReady reported a revenue of EUR 4,061,053.9 and an EBITDA of EUR 210,804.7. The company employs a commission-based revenue model, charging property owners a fee starting from 12% of rental revenue for managed listings, encompassing guest management and operational support. Their operations involve direct relationships with property owners and bookings from guests, allowing for streamlined property management across platforms like Airbnb and Booking.com.GuestReady plans to continue its growth by expanding its services and entering new markets. Following the VENTURE DEBT funding raised in December 2020, the company aims to enhance its product offerings and streamline operations through technology. Their strategic focus is on entering new geographic regions, particularly targeting markets in Europe and the Middle East, which are being prioritized for expansion in the coming years.

## Funding rounds

- Series A, Jun 17, 2019, $6M — Boost VC, Impulse VC, Aria Group, VentureSouq, 808 Ventures
- Seed, Oct 25, 2017, $3M — Boost VC, Impulse VC, Swiss Founders Fund, Senn & Partner Holding Ltd., Xponova
- Angel, Nov 17, 2016, $0.8M — Swiss Founders Fund, Senn & Partner Holding Ltd.
- Angel, Aug 16, 2016 — Swiss Founders Fund

## Investors

- Swiss Founders Fund (https://capitalatlas.ai/funds/swiss-founders-fund) — Angel, Seed
- Senn & Partner Holding Ltd. — Angel, Seed
- Boost VC (https://capitalatlas.ai/funds/boost-vc) — Seed, Series A
- Impulse VC (https://capitalatlas.ai/funds/impulse-vc) — Seed, Series A
- Xponova — Seed
- Aria Group — Series A
- VentureSouq (https://capitalatlas.ai/funds/venturesouq) — Series A
- 808 Ventures (https://capitalatlas.ai/funds/808-ventures) — Series A