YourWelcome raises £1m in new funding

YourWelcome, a tablet for short-stay accommodation that enables property owners to sell more than their space, has raised £1m in its latest funding round.

The round was led by Flux group, alongside strategic angel investors including Simon Emeny, CEO of Fullers and Sir James Devitt of Herald Hotels.

The investment will enable the proptech firm to rapidly grow distribution across key markets in the US, Europe and Asia.

YourWelcome has signed a partnership agreement with HomeAway the world’s most comprehensive, trusted source for holiday homes.

YourWelcome aims to become the world’s go to ‘transaction tablet’ for short-stay accommodation.

Henry Bennett (pictured above), founder of YourWelcome, said: “We knew when launching YourWelcome, that a product that could bring a new revenue stream to the short stay accommodation eco-system would be in high demand.

“This funding round will enable us to keep up with the huge demand we have experienced and continue our rapid international expansion.”

Faraz Nagree, lead investor at Flux Group, added:  “It has been an incredible journey so far and we at Flux see great potential in both the YourWelcome team and the Corporate let/Short stay market.”

Since its launch in May 2016, YourWelcome has installed its tablets in more than 2,000 properties, in over 23 countries, enabling individual owners, short stay operators and property management companies to sell more than just space.

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