2nd Address Raises $10 Million for Rental Bookings: Travel Startup Funding This Week
Photo Credit: An example of the time of extended-stay lodging available for booking on 2nd Address, a rental platform that has received a funding round. 2nd Address
Skift Take
The market for long-term business lodging is being dragged, thankfully, into the digital era by companies like 2nd Address. Plus, fundraising news for Festicket, Oaky, and Operto.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
This week travel startups announced more than $18 million in funding. Earlier this week, Boeing said it had made a significant, but unspecified, investment in supersonic jet manufacturer Aerion. Here are the other travel startup fundings revealed this week.
>>2nd Address, a booking service for extended-stay rentals for business people, raised $10 million in Series C funding.
GV, the venture capital arm of Google, led the round. Foundation and Amicus also participated.
The San Francisco-based startup, founded in 2017, has raised about $22 million to date.
The company vies with Airbnb for a niche business segment in the home rental market, said CEO Chung-Man Tam. His startup helps corporate clients and employees book stays with rentals that can last more than a month in four major U.S. cities: New York, Washington, D.C., S
