Ukio Raises $28 Million for Short-Term Rentals for Remote Workers
Photo Caption: Ukio has more than 500 short-term rental properties in Europe meant for remote workers. Ukio
Skift Take
Almost every week, a short-term rental platform or ancillary software service reports that it has raised millions. It’s almost like there’s a growing demand for their services. There were two this week, and the star is Barcelona-based Ukio.
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.>>Ukio, a Barcelona-based short-term rental platform focused on remote workers, has raised $28 million (€27 million) in a Series A round of funding.
It includes $17.6 million (€17 million) in equity and $10.4 million (€10 million) in debt, led by Felix Capital with support from Kreos Capital, Heartcore, and Breega. Ukio raised $9 million in 2021.
The Ukio platform allows users to book one of the startup’s more than 500 furnished apartments in European cities including Barcelona, Madrid, Lisbon, and Berlin. The company said its properties have 96 percent occupancy. Tenants usually book stays for between one and six months.
The startup said it has grown its revenue seven times in 2022 from the previous year and now has 120 employees.
The funding will allow Ukio to expand into more European cities in the coming months, including Paris, Dublin, Milan, and London. The startup will conti
