How Much Did Hometime Raise?
Funding & Key Investors

Hometime, the Sydney-based property management innovator, has successfully secured a major strategic investment, bringing its total capital raised to $11.5M. This latest infusion of $10M underscores the company's robust market position within the competitive short-term rental ecosystem. By leveraging advanced automation to streamline the hosting experience, Hometime continues to attract significant institutional interest, signaling a transition from its early-stage roots toward a more mature, enterprise-level operational model.

The funding history reflects a clear trajectory of expansion, beginning with an initial seed round in 2017 and culminating in this recent strategic financing. This capital injection is expected to accelerate the company's footprint across the Asia-Pacific region, reinforcing its commitment to delivering superior returns for property owners while maintaining high-touch service standards.

What is Hometime?

Hometime
Real EstateBusiness ServicesSoftware Testing

Founded in 2016 by Dave Thompson and William Crock, Hometime operates as a specialized property management platform tailored exclusively for the Airbnb market. The company provides a comprehensive suite of services designed to place short-term rental management on autopilot, handling everything from guest communication and cleaning to dynamic pricing and maintenance. By integrating technology with local hospitality expertise, Hometime has established itself as a critical player in the proptech sector, effectively bridging the gap between passive property ownership and the complexities of the modern sharing economy. Its presence in major Australian and New Zealand markets demonstrates a scalable business model that prioritizes operational efficiency and guest satisfaction.

How much funding has Hometime raised?

Hometime has raised a total of $11.5M across 2 funding rounds:

2017

Angel/Seed

$1.5M

2024

Other Financing Round

$10M

Angel/Seed (2017): $1.5M with participation from Asia Principal Capital

Other Financing Round (2024): $10M led by Upswell

Key Investors in Hometime

Upswell

Upswell Ventures is an early-stage venture capital firm focused on investing in technology companies during their Seed and Series A stages, providing strategic guidance to fuel growth.

Asia Principal Capital

Asia Principal Capital is a private investment firm specializing in healthcare, technology, and disruption assets, with a strong focus on the Asia-Pacific region.

What's next for Hometime?

With this latest capital, Hometime is well-positioned to scale its proprietary management platform and deepen its market penetration in existing territories such as Sydney, Melbourne, and Auckland. The strategic focus will likely shift toward enhancing its technological infrastructure to support a larger portfolio of properties and potentially exploring new geographic markets. As the short-term rental industry faces increasing regulatory scrutiny and demand for professionalized management, Hometime's ability to provide a seamless, automated experience will be a key differentiator. The company is expected to leverage this investment to solidify its leadership in the hospitality technology space, focusing on long-term sustainability and continued growth in the high-demand vacation rental sector.

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Frequently Asked Questions Regarding Hometime Financial Insights

What are the most recent funding rounds that Hometime has completed, and what were the funding rounds?
Hometime has recently completed 2 funding rounds: Other Financing Round on May 8, 2024, Angel/Seed on Aug 9, 2017.
What is the total amount of funding Hometime has raised to date?
Hometime has raised a total of $11.5M in funding to date.
How many funding rounds has Hometime completed?
Hometime has completed 2 funding rounds.
How much funding did Hometime raise in its most recent funding round?
Hometime raised $10M in its most recent funding round.
Who are the lead investors in Hometime's latest funding round?
The lead investor in Hometime's latest funding round was Upswell. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Hometime's history?
The largest funding round in Hometime's history was $10M.
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