Limehome GmbH

Limehome GmbH specializes in providing fully furnished apartments and suites, catering to both short-term and long-term stays for business travelers and tourists across Europe. Founded in 2018 in Munich, Germany, Limehome GmbH operates a network of serviced apartments aimed at offering flexible accommodation solutions. The company was co-founded by Josef Vollmayr and Lars Stäbe. Its latest funding round, a GROWTH round, raised EUR 45.

00 mn on November 8, 2022, with contributions from investors including AW Rostamani Group, Capital Four, HV Capital, Lakestar, and Picus Capital. Since its establishment, Limehome has completed 6 deals, focusing on expanding its presence in the European market. Limehome primarily offers a unique hospitality experience through its network of fully furnished apartments and suites designed for both short city trips and extended business stays. These accommodations are strategically located in prime urban areas across Europe, ensuring easy access to public transport and local attractions.

Each suite is equipped with modern amenities and features a digital check-in and check-out process to enhance guest convenience. The company targets a diverse clientele, including business travelers, vacationers, and digital nomads seeking comfortable and flexible living arrangements, operating in key markets such as Germany, Austria, and Spain. In the most recent fiscal year of 2021, Limehome reported a revenue of EUR 12,421,434. The company experienced an EBITDA loss of EUR 8,672,731 during the same period.

Revenue generation is primarily driven by direct bookings via its online platform, offering members a 15% discount on every stay to foster customer loyalty and encourage repeat visits. In November 2022, Limehome GmbH raised EUR 45 million in GROWTH funding to enhance its business reach across European countries. The investment will support the company's plans to expand its network of fully furnished apartments into additional markets, although specific new locations are not detailed. The funding also includes a venture loan facility, which will help Limehome implement key initiatives for growth and improve its service offerings in the hospitality sector.