Blueground and its new investors are banking on fast growth and a “recession resistant” model. The luxury-rental company announced its Series B funding round raised $50 million in equity financing. The round was led by Airbnb investor Laurence Tosi’s investment firm Westcap Group and Europe-based Prime Ventures. It brings Blueground’s total equity funding to $78 million. CEO Alex Chatzieleftheriou said the cash infusion will allow the company to expand to London, Paris and Seattle before
source https://therealdeal.com/national/2019/10/23/luxury-rental-startup-raises-50m-in-equity/
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