NUMA Group Raises $59 Million in Series C Funding to Redefine European Hospitality with Digital Innovation

Ruthvik

Sep 27,23

3 mins read

NUMA Group Raises $59 Million in Series C Funding to Redefine European Hospitality with Digital Innovation

Berlin-based NUMA Group, a trailblazing digital hospitality platform, has achieved a significant milestone in its mission to revolutionize European hospitality. The company has successfully raised $59 million in a Series C funding round, with Verlinvest, a global consumer growth equity investor, leading the charge. This funding is earmarked to further advance NUMA’s cutting-edge technology and expand its digital hospitality platform across Europe.

Established in Berlin in 2019, NUMA Group has crafted a digitally-native offering that seamlessly blends the best aspects of traditional hotels with the convenience and flexibility of short-term rentals, such as Airbnb. This approach provides guests with unparalleled choice, experience, and value. NUMA’s offerings include guaranteed quality, 24-hour guest experience services, and city-center locations, combined with home comforts like fully equipped kitchens and fast Wi-Fi.

NUMA’s innovative platform fully digitizes the hospitality experience, enabling guests to make room bookings within seconds, complete online check-ins and checkouts, and access customer service through WhatsApp. Additionally, guests can easily book supplementary services and local experiences, creating a one-stop-shop solution for travelers seeking seamless, mobile-only, and digital journeys.

NUMA is on a mission to transform the €100 billion European hospitality industry, a sector where traditional hotel chains grapple with adapting to evolving consumer behaviors, and short-term rental platforms face increasing regulatory challenges, especially regarding the use of residential properties.

NUMA’s technology, pricing tools, and utilization of anonymized data not only enhance the guest experience but also drive operational efficiencies. Process automation and dynamic pricing result in higher structural profitability and sustainable growth compared to industry averages, making NUMA a game-changer in the hospitality landscape.

Verlinvest, a leading international investment company with a history of successful investments in consumer brands, including Oatly and Vita Coco, is leading the Series C funding round. Cape Capital and existing investors such as Headline, Cherry Ventures, DN Capital, and Soravia are also participating in this exciting growth phase.

Christian Gaiser, CEO and Co-Founder of NUMA, expressed the company’s vision to create a new hospitality category tailored to modern consumers. He highlighted the potential to better connect guests with the cities they visit and underscored the importance of partnering with Verlinvest, a team that shares NUMA’s transformative vision.

Raphael Thiolon, Managing Director at Verlinvest, acknowledged the challenges faced by traditional hotel chains in meeting the demands of digitally-savvy consumers. He noted that NUMA provides a holistic solution, both in terms of user-friendly interfaces and a tech-first, data-driven model that optimizes business processes.

Despite the hurdles posed by the pandemic, NUMA has experienced rapid growth across Europe since its inception in 2019. With a portfolio of 4,500 units spanning ten countries and 28 major European cities, including Berlin, Munich, Rome, Milan, Barcelona, Vienna, and Paris, NUMA continues to reshape the hospitality industry.

NUMA Group’s successful Series C funding round, led by Verlinvest and supported by a strong group of investors, is a testament to the company’s commitment to innovation and transformation in the European hospitality sector. Armed with additional financial resources, NUMA is well-positioned to further enhance its proprietary technology and expand its digital hospitality platform, ultimately delivering superior experiences to modern travelers across Europe.

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