What is Hometime?
Launched in 2016 by Dave Thompson and William Crock, Hometime offers a comprehensive property management platform designed to automate and optimize the hosting experience for Airbnb properties. The company's proprietary technology assists hosts in managing all facets of their rental business, from guest communication to property maintenance, with the goal of maximizing returns. Hometime's services are currently available across major Australian cities including Sydney, Melbourne, and Brisbane, as well as Auckland, with plans for further expansion. The company's focus on operational efficiency and host profitability positions it as a key player in the burgeoning short-term rental management sector.
How much funding has Hometime raised?
Hometime has raised a total of $11.5M across 2 funding rounds:
Angel/Seed
$1.5M
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. The firm's mission and team remain consistent, but they have integrated into a larger organization for greater support and resources. Upswell Ventures aims to empower innovative startups by providing the necessary funding and strategic guidance.
Asia Principal Capital
Asia Principal Capital is a private investment company that specializes in healthcare, technology, education, and disruption assets. The company aims to approach investments in a unique manner, focusing on innovative sectors. Their intended clients include investors looking for opportunities in these dynamic fields.
What's next for Hometime?
The recent major strategic investment signals a new phase of growth and development for Hometime. This capital injection is likely to fuel the company's expansion into new geographic markets and enhance its technology platform. With a clear focus on scaling its operations and improving its service offerings, Hometime is poised to further solidify its market leadership. The company's strategic backing from investors like Upswell Ventures, known for its early-stage technology investments, suggests a continued emphasis on innovation and technological advancement to maintain its competitive edge in the property technology landscape.
See full Hometime company page
