Arbio Raises $36M to Revolutionize Holiday Rental Management with AI
Berlin-based startup Arbio has secured $36 million in Series A funding, led by Eurazeo. The company aims to revolutionize holiday rental management using artificial intelligence (AI).
Arbio has experienced remarkable growth, achieving 10x revenue increase over the past two years. The company has expanded its portfolio through strategic acquisitions, completing over 30 deals to date. Currently, Arbio manages over 1,000 units across Germany and Austria.
With the new funding, Arbio plans to broaden its European presence, targeting regions where short-term rental management is underdeveloped. The company aims to enhance its AI capabilities and accelerate its acquisition pipeline.
Arbio's innovative approach in the holiday rental sector has attracted praise from investors. With $45 million in total funding, the company is well-positioned to execute its expansion plans and further develop its AI technology.
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