Berlin-based NUMA Group, a digital hospitality platform, announced on Monday, September 25, that it has raised $59M (approximately €55M) of growth equity capital in a Series C funding round led by Verlinvest.
Cape Capital and existing shareholders, including Headline, Cherry Ventures, DN Capital, and Soravia, participated in the round.
The German company will use the funds to develop its sophisticated technology stack and expand its digital hospitality platform across Europe.
“Our mission at NUMA is to create a new hospitality category that meets modern consumers’ needs. We have only scratched the surface in digitising and enhancing the entire travel experience and are always striving to better connect our guests with the cities they’re visiting,” says Christian Gaiser, CEO and Co-Founder of NUMA.
NUMA Group: Building a Digital Hospitality Brand
Founded in 2019 by Christian Gaiser, Dimitri Chandogin, Gerhard Maringer, and Inga Laudiero, NUMA Group is building a digital hospitality brand, using proprietary technology to optimise hotel operating processes, creating the most user-friendly platform for guests.
NUMA Group aims to offer the best traditional hotels with the convenience and flexibility of short-term rentals like Airbnb or Abritel.
NUMA’s technology, pricing tools, and use of anonymized data provide a seamless consumer experience, facilitate operational savings through process automation, and generate higher revenues via smart pricing and maximising occupancy.
As a result, the company achieves more sustainable growth and higher structural profitability than the average in the hospitality industry.
Currently, NUMA Group operates more than 4,500 units in European A-cities, including Berlin, Munich, Rome, Milan, Madrid, Barcelona, and Vienna.
The investor
Verlinvest is an international, family-backed, evergreen investment company.
It identifies inflection points in consumer behaviors and partners with the businesses that are driving these consumer revolutions forward while having a positive impact.
The VC focuses on the FMCG, health, consumer technology, and lifestyle categories, investing across three strategies: Platform, Growth, and Venture.
It has invested in successful consumer brands, including Oatly, Vita Coco, Tony’s Chocolonely, and Chewy.com.
“In recent years, traditional hotel chains have struggled to respond to the needs of ever more digitally-savvy, time-poor consumers while constrained by legacy backend infrastructures, large networks of franchisees, and slow-moving cultures. NUMA provides a holistic solution to these problems with its user-friendly interface on the front end and its new tech-first, data-led model that optimizes business processes on the back end,” adds Raphael Thiolon, Managing Director at Verlinvest.
“NUMA fits squarely into our strategy of backing ambitious tech-enabled businesses obsessed with offering superior consumer experiences. We’re excited to help Christian and his team build Europe’s first truly digital hospitality brand,” adds Thiolon.
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