Houst Limited

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Houst Limited - overview

Established

2015

Location

London, England, UK

Primary Industry

Business Support Services

About

Houst Limited is a specialized Airbnb management company focused on optimizing short and mid-term rental services. They offer comprehensive solutions that enhance the hosting experience for property owners, ensuring efficiency and guest satisfaction. Founded in 2015, Houst Limited operates as a management company for short and mid-term rentals, primarily catering to property owners in urban markets. The company is headquartered in London, UK, and has completed a total of 9 deals.


The founders include James Jenkins-Yates, Jordan Corbett, and Oliver Grimes, with James Jenkins-Yates also serving as the CEO. In its latest funding round, Series A, Houst raised GBP 1. 5 mn from Seedrs Limited, bringing the total amount raised to GBP 1. 5 mn, with a current company valuation of GBP 69.


771 mn. Houst operates as a comprehensive Airbnb management company that specializes in short and mid-term rental management. Their core offerings include listing management, guest management, and property management, all designed to simplify the hosting experience for property owners. This includes creating and optimizing property listings across multiple platforms, conducting guest vetting and communication, as well as managing cleaning, maintenance, and housekeeping services.


By leveraging smart technology and an expert team, Houst addresses the challenges faced by hosts, such as maximizing occupancy rates and ensuring high-quality guest experiences. The services cater to a diverse clientele, including individual homeowners, landlords, and property investors primarily in major urban markets across Australia, the United Kingdom, France, Spain, and South Africa. Houst generates revenue through a commission-based pricing model, charging a percentage of the rental income from properties managed. In the most recent year, 2023, Houst recorded a revenue of GBP 13,084,752.


2 and an EBITDA of GBP 516,449. 5. Houst Limited is focused on expanding its services and entering new markets. Recent funding will facilitate this expansion, with new product developments in the pipeline aimed at enhancing property management capabilities.


The company is targeting additional urban markets across Europe and Australia for expansion, aligning with its growth strategy over the next two years.


Current Investors

Seedrs Limited, Pi Labs, CodeBase

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Facilities & Maintenance Services, Advertising Agencies & Media Buyers, Analytics & Performance Software

Website

www.houst.com

Verticals

Mobile Apps

Company Stage

Series A

Total Amount Raised

Subscriber access only

Houst Limited - timeline of key events

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Houst Limited - financials

Fiscal Year EndedDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)5,491,662---
% Revenue Growth (YoY)----
EBITDA (USD)(6,323,622)---
Operating Income (USD)(6,430,727)---
Operating Margin(117.1%)---
% EBITDA Margin(115.1%)---
NET Income (USD)(6,304,723)---
% Net Margin(114.8%)---

Houst Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series ACompletedHoust Limited-
Series ACompletedHoust Limited-
Series ACompletedHoust Limited-
Unspecified RoundCompletedHoust Limited-
SeedCompletedHoust Limited-

Displaying 1 - 5 of 9

Houst Limited - employee data

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