What is Wimdu?
Wimdu, founded in March 2011 by Arne Bleckwenn and Hinrich Dreiling, emerged from a desire to offer an alternative to expensive, impersonal hotels. It rapidly established itself as a community marketplace for private accommodation, quickly becoming the second-largest globally by June 2011. The company's growth trajectory has been characterized by significant supply initiatives and integrations, including a notable expansion into TV marketing campaigns in Germany, Spain, and Italy. In 2016, Wimdu became part of Novasol and Wyndham Vacation Rentals, a leading global provider of holiday homes. With over 2.5 million users and more than 10 million nights booked, Wimdu champions the sharing economy, aiming to make travel more accessible and authentic.
How much funding has Wimdu raised?
Wimdu has raised a total of $90M across 1 funding round:
Series A
$90M
Series A (2011): $90M with participation from Kinnevik and Rocket Internet
Key Investors in Wimdu
Kinnevik
Kinnevik is an industry-focused investment company with an entrepreneurial spirit, dedicated to building digital consumer businesses. They partner with founders to create and lead fast-growing ventures, aiming to deliver both shareholder and social value.
Rocket Internet
Rocket Internet SE incubates, builds, and invests in internet and technology companies globally, providing operational support to help them scale internationally. They leverage proprietary processes for incubation and accelerate growth across their ventures.
What's next for Wimdu?
Following its integration into a larger vacation rental network and with substantial enterprise-level backing, Wimdu is poised for continued expansion. The company's strategic focus will likely involve growing its portfolio of private accommodations and enhancing its service offerings. By leveraging the potential of the sharing economy, Wimdu aims to further democratize travel, providing more accessible and authentic experiences for a global user base. Future growth will be driven by innovation in service delivery and strategic partnerships within the broader travel ecosystem.
See full Wimdu company page
