# Homelike Internet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/homelike-internet

- Industry: Travel & Leisure
- Headquarters: Cologne, Germany
- Website: www.thehomelike.com
- Total disclosed funding: $19M
- Latest round: Series B (Aug 9, 2022)
- Investors on record: 4

## About

Homelike Internet GmbH is an online platform that simplifies the booking of furnished accommodations for medium to long-term stays, catering primarily to professionals and business travelers seeking flexible housing solutions.Founded in 2014, Homelike Internet GmbH operates a unique platform for booking furnished accommodations tailored to professionals and business travelers. The company is headquartered in Cologne, Germany. Its founder, Dustin Figge, has a history in entrepreneurship, although previous company details are not specified. Homelike has successfully completed 3 funding rounds, with the most recent being a Series B funding of USD 14.00 mn raised on August 9, 2022, led by Spark Capital and with participation from Cherry Ventures, Coparion, and Lurssen. The total amount raised to date is USD 14.00 mn, with a current company valuation of USD 55.67 mn.Homelike's primary offering is an online platform designed to facilitate seamless bookings for extended stays in furnished accommodations. This service specifically targets professionals and business travelers seeking medium to long-term housing solutions, addressing challenges associated with temporary relocations or extended work assignments. Users benefit from a user-friendly interface to browse, select, and book various housing options across urban centers in Europe, including Germany, the Netherlands, and the United Kingdom, catering to both corporate clients and individual travelers.Homelike's revenue model is structured around transaction fees connected to bookings made via its platform, serving both B2B and B2C clients. The company generates revenue by charging service fees to property owners or managers for each successful booking. Accommodation providers list their properties, and users select based on their preferences, culminating in a financial transaction upon booking confirmation. The platform may also offer premium listings, enhancing visibility for participating accommodation providers to increase booking rates.In August 2022, Homelike Internet GmbH secured USD 14.00 mn in Series B funding, led by Spark Capital. The company plans to utilize this funding to enhance its platform and expand its offerings. Future growth strategies include launching new products aimed at improving user experience and expanding into new markets, specifically targeting additional cities across Europe by 2023.

## Funding rounds

- Series B, Aug 9, 2022, $14M — Spark Capital, Cherry Ventures, Coparion, Lurssen
- Series A, Jul 27, 2017, $4.7M — Cherry Ventures, Coparion

## Investors

- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Series A, Series B
- Coparion (https://capitalatlas.ai/funds/coparion) — Series A, Series B
- Spark Capital — Series B
- Lurssen — Series B