Tech Company Financing Transactions
Love Home Swap Funding Round
Love Home Swap, based in London, secured $1.7 million from MMC Ventures.
Transaction Overview
Company Name
Announced On
10/1/2013
Transaction Type
Venture Equity
Amount
$1,659,065
Round
Undisclosed
Investors
MMC Ventures (Lead Investor) (Rory Stirling)
Proceeds Purpose
The additional funding will be used to invest in marketing, product development and new hires, particularly in the areas of sales and customer service, as the business aims to double the number of members it has over the coming 12 months.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
81 Rivington St.
London, EC2A 3AY
UK
London, EC2A 3AY
UK
Phone
Website
Email Address
Overview
Love Home Swap now has more than 45,000 stylish properties listed in 150 countries worldwide, and has made strong progress over the first half of this year. Listings have increased 5x and revenues 3.5x, driven by rapid organic growth and the acquisition of a leading competitor site, 1stHomeExchange.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 10/1/2013: Cydan venture capital transaction
Next: 10/1/2013: Zookal venture capital transaction
Share this article
About Database of VC Transactions
We report on all VC transactions involving tech companies. VC investment data records on this site are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs