Superhog Secures £5.5 Million Investment to Revolutionize Short-Term Rental Security

Ruthvik

Nov 8,23

2 mins read

Superhog Secures £5.5 Million Investment to Revolutionize Short-Term Rental Security

In a significant stride towards transforming the landscape of short-term vacation rental security, Superhog, the pioneering vacation rental risk management solution, has recently announced a successful Series A funding round, raising an impressive £5.5 million. The funding was led by a consortium of notable investors, including 6 Degrees Capital, Hambro Perks, and Solano Partners.

Superhog’s mission is clear: to redefine safety and peace of mind for vacation rental hosts, property managers, and online travel agencies (OTAs). With cutting-edge technology at its core, Superhog is on a quest to minimize risks and reduce disruptions in the ever-expanding short-term rental market.

Over the past two years, Superhog has grown its client base to encompass over 800 property management companies globally, generating more than £5 million in annual recurring revenue. Their risk management solutions have proven to significantly reduce incident rates, outperforming industry averages and driving growth for property managers.

Humphrey Bowles, the Founder and CEO of Superhog, expressed his enthusiasm, stating, “We are thrilled to have the support and trust of our investors, who help us propel technology-led security in short-term rentals, making it more accessible for property managers, hosts, and guests around the globe.”

Lucas Stoops, Partner at 6 Degrees Capital, commended Superhog’s remarkable growth, emphasizing their strong unit economics, scalability, and world-class team. “We are excited to join them on their journey,” he said.

The Series A funding will play a pivotal role in achieving Superhog’s goals for the coming year, focusing on technology advancements, global market expansion, and team growth. This investment ensures a safer and more secure environment for travelers, marking a significant step forward in the vacation rental industry.

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