French Rental Platform raises $3.3 million
PARIS, France: The apartment rental platform dedicated to business travelers, MagicStay.com raises $3.3 million series A to pursue its development.
The total funding raised by Magicstone so far is $9 million since its launch in 2013.
"This fundraising will allow us to recruit talent to accelerate our growth. We want to sign a quarter of the major French companies and approach one million homes before the end of the year, thanks to the exclusive technologies we now have at our disposal", says Valéry Linÿer, CEO and co-founder.
"We have four main advantages over our competitors, we meet the challenges of duty of care, we are able to customize our tool to meet the constraints of each large company for short and long stays, we have 24/7 customer service with quality processes and trav...