Munich’s vacation rentals search engine Holidu raises €40M Series C. Holidu compares prices of nearly 16 million rental properties across hundreds of websites, including Airbnb, Booking.com and TripAdvisor, and identifies price differences for the same property across various listings.
The company says its price comparison technology can help travelers save up to 55%. This round of funding was led by Prime Ventures.
Holidu also offers vacation property managers a single platform to distribute and manage property listings and bookings through Bookiply. Property managers can synchronize calendars, create multilingual descriptions, source professional photography, and handle traveler communication.
“The vacation rental market is still ten years behind other digital markets so the opportunity is huge,” said Michael Siebers, chief technical officer and co-founder of Holidu.
The company plans to use the new capital to onboard more property managers onto the Bookiply platform as well as for further product development for both Holidu and Bookiply.
Holidu has been solidifying its market position. According to TechCrunch, last year the startup “acquired its Spanish competitor Hundredrooms and now claims 10 million visitors per month.” Its Bookiply platform “already manages 5,000 properties and claims it is the market leader in several European leisure destinations.”