Raises $1.2 M of Seed Funding

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Seed: $1,200,000

Founded: 03/2012
Industry: Travel

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New York, New York –, the First Social Marketplace for Hostels, Beds & Couches has raised $1.2 M of seed funding from Ventech, Quotidian Ventures and CAP Ventures with the participation of Angel Investors Fabrice Grinda and Dave Lerner.

The startup will use the funding for the expansion of their services. They will also develop an app for iPhones and android smartphones. As of now, uses the Facebook API for new members to subscribe and log-in.

Just founded last year, the company now has more than 1,200 hostels listed and is partnering with Hostelsworld, the current no.1 online hostels provider.


Funding Total: $1,200,000

Round Date Amount Pre Amount Post Amount
Seed 03/2012 $1,200,000
Investors: Ventech , Quotidian Ventures, CAP Ventures

See all fundings here


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