HouseTrip raises CHF 15m in a Series B financing round

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22.11.2011

HouseTrip, Europe’s leading holiday apartment marketplace completed a CHF15 million Series B funding round led by Balderton Capital. Index Ventures reinvested pro-rata. The funds will be used to enhance further growth.

HouseTrip is a typical Internet startup. Numerous competitors offer exactly the same service, but in the end the supplier that grows fastest will ultimately win out. In this race HouseTrip has a good hand. The company is already the largest online broker of vacation apartments in Europe.

Now HouseTrip can enhance its growth. Balderton Capital and Index Ventures from Geneva are investing CHF 15m in the company. It is the second financing round for HouseTrip. The company raised USD 2.7m from Index Ventures in April 2011.

HouseTrip was founded in Lausanne and has today also offices in London and Lisbon. The company was awarded with the CTI Start-up-Label in 2010.

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