Photo: Andrew Matrin, CEO and Co-founder of Your.RentalsYour.Rentals
, the leading platform for short-term rental management, is thrilled to announce the successful closing of an investment from Trind Ventures. Combined with the successful Seedrs raise, Your.Rentals has secured €2.7 million in growth finance this year.
"We are extremely excited to partner with Trind Ventures,
" said Andrew Martyn
, CEO and Co-founder of Your.Rentals. "Their expertise and track record in scaling disruptive technology companies make them the perfect partner to help us take our business to the next level.
Trind Ventures is equally optimistic about the partnership. "Your.Rentals has established itself as a leading player in the short-term rental industry,
" stated Kimmo Irpola
, Partner at Trind Ventures. "We believe in their inspiring leadership, community-driven approach, and strategic growth model. We are confident that this partnership will drive the company's growth and success.
With the new infusion of capital, Your.Rentals is scaling its go-to-market and accelerating product development to better serve both short-term rental owners and property managers.New solutions
One of the latest innovations from Your.Rentals is its new financial solutions for short-term rental owners and property managers. Two initiatives have been launched since the summer of 2023. Firstly, owners and property managers now have the opportunity to receive Advanced Payouts from Your.Rentals as soon as their bookings become non-refundable. Secondly, eligible owners or property managers can apply for revenue-backed loans through Your.Rentals. Andrew Martyn elaborated, "The Your.Rentals' platform includes payments processing as a service, allowing us to empower short-term rental managers with greater financial stability to thrive regardless of seasonality.
"New channel partners
Your.Rentals has also taken its partnership with channel partners to the next level, adding new channels such as Plum Guide and Check24 to its Channel Manager. Moreover, Your.Rentals has been chosen as one of the exclusive partners for Booking.com’s Request To Book pilot campaign. These strategic partnerships cement Your.Rentals' position as a leader in the industry, enabling its customers to reach more guests and secure more bookings.New mobile app
Furthermore, Your.Rentals is poised to unveil a new mobile application available for iOS and Android. According to Andrew Martyn, "Numerous customers have expressed their longing for a mobile app that enables seamless management of bookings and guest communications while on the move. Our mobile app will simplify renting for them.
The investment from Trind Ventures will undoubtedly empower Your.Rentals to accelerate their mission. "We are developing the simplest “true all-in-one” solution for property managers and hosts, enabling them to manage their business from a single log-in. Our platform eliminates the need for APIs and coding and is built around our connections to 30+ OTA channels,
" stated Andrew Martyn.
Trind Ventures specialises in investing in high-growth platforms that not only bring value to end-users, but also boast a robust community-based business model. This investment in Your.Rentals signifies another strategic move for Trind Ventures to establish a resilient community-focused network across key industries in Europe.About Your.Rentals
Your.Rentals is a trusted platform for short-term rental owners and property managers worldwide. Your.Rentals simplifies the process of managing short-term rentals, providing owners and property managers with increased visibility, control, and revenue. With a global presence and a dedicated team, Your.Rentals is redefining the short-term rental industry. https://your.rentalsAbout Trind Ventures:
Trind Ventures is a seed-stage venture fund focusing on startups with a consumer or community component. It is headquartered in Tallinn with team members also in Helsinki and Munich. Committed to fostering innovation and growth, Trind Ventures partners with companies that demonstrate exceptional potential and a passionate team. Some of their notable investments include Fractory, Jobilla, Tise, and Exceed. https://trind.vcPhoto credit: Tamara Schipchinskaya on Unsplash; Your.Rentals