Hostmaker raises $15m in Series B round led by Thailand’s Sansiri & HK’s Gaw Capital

Photo: Hostmaker website

DSG Consumer Partners-backed hospitality management service provider Hostmaker has raised $15 million in a Series B round led by Thailand’s Sansiri and Hong Kong-based Gaw Capital.

Existing investors DN Capital, Ventech and DSG Consumer Partners also participated. The new round takes the total funding of the company to $25 million since its inception in 2014.

“The home sharing market is at an all-time high with 150 million people using Airbnb globally. Property management businesses that support the home sharing industry are growing at a similar speed and we are excited to work with Hostmaker, who are leading the charge in Europe by providing the highest quality service out there,” said Srettha Thavisin from lead investor Sansiri.

In February this year, Hostmaker raised $6.5 million in Series A round led by Paris-based venture capital fund Ventech. DN Capital and DSG Consumer Partners had also participated in the round.

Hostmaker, a London-based hospitality management service provider for Airbnb hosts and their homes, was founded by Nakul Sharma. Its business model involves being a full-service Airbnb management company, where homeowners don’t have to get involved in managing the short-term rentals of their properties.

“Having raised an investment round just a few months ago, we were very much focusing on delivering a great service to our customers and establishing our leading position. However, we’ve always welcomed a conversation with strategic investors who believe in our global vision of creating a new experiential brand in the fast-growing homestay category,” said Nakul Sharma.

“Sansiri approached us with an exciting proposition to take our brand to Asia which was always on our roadmap. Along with Gaw Capital’s Asian roots and global footprint, it felt like the right moment to accelerate our expansion in the East,” he added.

Also Read:

DSG Consumer Partners-backed Hostmaker raises $6.5m in new round

Hostmaker, service provider for Airbnb homes, raises $2m seed round from DN Capital, others

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.