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Bob W, a European short-stay apartment rental marketplace, raises $43M
Bob W, a marketplace for premium short-term apartment rentals, has raised €40 million ($43 million) in a Series B round of funding. Founded out of Finland
Founded out of Finland in 2018, Bob W touts itself as a “tech-enabled hospitality operator,” with some 3,000 “aparthotels” offered for rent in 17 cities across Europe including Amsterdam, Athens, London, Berlin, Madrid, and Helsinki. “Our technology enables us to scale like no other — we recently launched two properties in Amsterdam, totaling over 150 apartments in the city, with just four employees,” Bob W co-founder and CEO Niko Karstikko told TechCrunch. Karstikko says that more than half of its customers are individuals, however some 40% are actually B2B bookings where a company rents an apartment for work trips or temporary accommodation for employees relocating for a job.
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