Apartum bags further funding for European expansion

Discount Holidays © Holiday rental comparison site Apartum1 has announced further seed funding to the tune of Euro 500,000. The latest round for the Barcelona-based startup comes from SeedSyndicates in Madrid, business angels and some public funding. Apartum, which was launched two years ago (TLabs here2), received undisclosed funding from Lanta Digital Ventures last December3 saying, at the time, the investment would go towards marketing.

The company, which says it recently made its service available for new markets including French, Italian and German, now plans to expand to further markets. Further goals including expanding the team, technology development and investment in traditional and social media marketing. Apartum also says it has developed an algorithm which detects which properties are listed on more than one provider and only surfaces the best price for the consumer.

References

  1. ^ Apartum (www.apartum.com)
  2. ^ here (www.tnooz.com)
  3. ^ undisclosed funding from Lanta Digital Ventures last December (www.tnooz.com)

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