Airbnb management startup Hometime banks $6.7 million
11/21/2019|2:42:34 PM|Smart Company

Sydney property management startup Hometime has bagged $6.7 million as it capitalizes on the global short-term letting trend and strives to cement itself as a leader in the Aussie ecosystem.

This latest round is led by NAB Ventures and AS1 Capital and comes in addition to the $6 million in combined debt and equity funding it secured in May this year.

At the same time, Hometime has announced the acquisition of two similar Aussie businesses, consolidating its presence in the Australian short-term letting space.

Founded in 2016, Hometime manages properties rented through platforms such as Airbnb, and last year secured a marketing partnership with the US giant.

The startup now supports hosts in eight Aussie cities, and in Auckland.

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