- Companies
- Limehome
Limehome Funding, Investors & Competitors
Limehome has raised $200M across 5 funding rounds, most recently a $88M undisclosed-stage round in December 2025.
Last Limehome funding round
$88M
Undisclosed stage · Dec 2025
Cumulative funding Limehome raised
$200M
across 5 funding rounds
Key investors in Limehome
Picus Capital
Lakestar
HV Capital
Global Growth Capital
Capital Four
Cheyne Capital Management
AW Rostamani
About Limehome
Limehome is a proptech hospitality company offering aparthotels with hotel-quality standards and apartment comforts. Munich-headquartered since 2018, it operates over 2,000 units in Germany, Spain, and the Netherlands, featuring app-based keyless entry, automated cleaning, and Scandinavian-designed suites. Guests book nightly short stays or monthly corporate rates, with dynamic pricing and integrations for business travelers.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Limehome Funding History
Limehome has raised a total of $200M across 5 funding rounds.
Limehome's first fundraising round was a $6M seed round in February 2019. The most recent completed round was a $88M undisclosed-stage round in December 2025.
Limehome funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2025 | Undisclosed stage | Cheyne Capital Management (lead) | $88M | Limehome, a Munich-based tech-enabled hospitality operator founded in 2018, secured a €75 million strategic investment from Cheyne Strategic Value Credit in November 2025. The funding combined growth financing with an equity component and was designed to support the company's European expansion strategy for 2026. Cheyne Strategic Value Credit is an investment division of Cheyne Capital, a global alternative asset manager with expertise in real estate and scaling technology-enabled operators, and had approximately €12 billion in assets under management. In 2025, Limehome delivered strong operational performance, signing more than 3,500 new units across Europe despite challenging market conditions. The company reported that Gross Operating Profit remained consistently above 60%, with occupancy and RevPAR (revenue per available room) outperforming market benchmarks across key regions. As of the funding announcement, Limehome operated more than 12,500 functional design apartments and hotel rooms live and under contract across Europe, employing more than 300 staff. The €75 million investment was intended to fund expansion across existing clusters, continued growth into key Western European markets including the United Kingdom, France, and Benelux, and entry into additional high-potential regions. For the first half of 2026, Limehome planned to bring more than 1,000 additional units live. The company also indicated it would pursue select repositioning opportunities, including distressed hotel assets, and implement updated design standards across new projects. Houlihan Lokey served as the exclusive financial advisor to Limehome on the transaction. |
| Nov 2022 | Series B | AW Rostamani (lead); Capital Four (lead); Picus Capital; Lakestar; HV Capital | $47M | Limehome operates a tech platform that transforms commercial spaces into stylish apart-hotels for business and leisure travelers, focusing on digital hospitality operations across Europe. The company raised approximately €45 million (or $45.4M-$46.8M equivalent) in a Series B or Series C round in November 2022, led by AW Rostamani and Capital Four, with participation from HV Capital, Lakestar, and Picus Capital. This funding aimed to support expansion through organic growth and acquisitions of existing operators. Prior to this round, Limehome had completed earlier funding stages including pre-seed in 2018 led by Picus Capital and seed in 2019 led by HV Capital, building its initial tech platform and scaling operations. By 2022, the company was active in major European gateway cities, partnering with real estate investors to repurpose underutilized assets. Post-2022, Limehome continued growth, securing partnerships with institutional investors like Baltisse and Centralis for properties in cities such as Munich, Nuremberg, Brussels, and Milan, with repeat deals forming nearly 50% of its pipeline. In subsequent years, Limehome demonstrated operational resilience amid market challenges, signing a record 3,500 units in 2025 and expanding to over 12,500 units live and under contract across clusters in Iberia, DACH, and Benelux. A €75 million strategic investment from Cheyne Strategic Value Credit in late 2025, combining growth financing with an equity stake, bolstered its scale-up plans, targeting over 1,000 additional units live within six months into 2026. |
| Oct 2020 | Series A | HV Capital (lead); Global Growth Capital; Picus Capital; Lakestar | $36M | - |
| Feb 2020 | Series A | Lakestar (lead); Global Growth Capital; Picus Capital | $23M | limehome announced in February 2020 that it had raised EUR 21 million in a financing round led by its existing shareholder Lakestar, with participation from the other existing investors HV Holtzbrinck Ventures and Picus Capital. The London private credit manager Global Growth Capital joined the round as a new financier, contributing a credit facility alongside the equity provided by the venture investors. All of limehome's existing institutional backers increased their holdings, and the company did not disclose a valuation, the size of the debt element or the stakes taken. Co-founder Josef Vollmayr said the participation of every existing investor was a vote of confidence in the company's direction and welcomed Global Growth Capital as one of the leading providers of debt capital in the round. limehome said it would use the proceeds to develop its proprietary operating platform, improve the guest experience, enlarge its team and accelerate expansion in German-speaking countries and other European markets, and it opened its first Spanish apartments in Granada, Barcelona and Seville. The round was later extended: in October 2020 the same investor group added a further EUR 10 million, taking the Series A to EUR 31 million in total. limehome was founded in Munich in 2018 by Josef Vollmayr and Lars Staebe and rents fully equipped design apartments with kitchens and workspaces at an average of about EUR 85 per night. Its technology platform automates pricing, booking, online check-in, cleaning, customer service and invoicing, so properties operate without a reception or on-site room staff and guests receive door codes on their phones. At the time of the announcement the company was operating more than 30 locations with 35 further buildings under contract, reported annual occupancy of roughly 80 percent and a net promoter score above 50, and expected to become the second-largest hotel concept by number of locations in the German-speaking market during 2020. |
| Feb 2019 | Seed | HV Capital (lead); Picus Capital; Lakestar | $6M | Limehome raised EUR 5 million in a seed round in February 2019 led by HV Capital, with participation from Lakestar and Picus Capital, to expand the team and scale the platform. The company, founded in 2018, operates a technology-driven platform for designer serviced apartments with fully digital booking, check-in, check-out, and invoicing. Limehome continued raising capital in later years, including EUR 45 million in Series B in November 2022 from AW Rostamani, Capital Four, HV Capital, Lakestar, and Picus Capital to fund expansion and acquisitions. |
Who has invested in Limehome?
7 investors have backed Limehome across its funding rounds, including Picus Capital, Lakestar, HV Capital, Global Growth Capital, Capital Four and Cheyne Capital Management.
Lead investors include Cheyne Capital Management, AW Rostamani, Capital Four, HV Capital and Lakestar.
Limehome Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Feb 2019 | ||
| 4 | Lead | Feb 2019 | ||
| 3 | Lead | Feb 2019 | ||
| 2 | Participant | Feb 2020 | ||
| 1 | Lead | Nov 2022 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialLimehome Competitors
Limehome competitors include listed companies like Booking Holdings and Airbnb, and private ones like Fabhotels, Gubei Watertown, Butler Hospitality and ResortPass.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $44M | - | $141M | 3.2x | ||
| Private | - | - | $123M | - | ||
| Private | - | - | $85M | - | ||
| Private | - | - | $78M | - | ||
| Publicly listed | $27B | $8.3B | $128B | 4.6x | ||
| Publicly listed | $12B | $2.4B | $98B | 6.5x |
Limehome Public Comps
Limehome is still privately-owned, but its public comps include Booking Holdings, Airbnb, Marriott, Hilton, Expedia, Oriental Land, Las Vegas Sands, IHG Hotels & Resorts, Galaxy Enter Group and Hyatt.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $27B | $8.3B | 4.9x | 4.6x | 15.9x | 12.4x | |||
| $12B | $2.4B | 7.2x | 6.5x | 36.3x | 18.2x | |||
| $26B | $4.6B | 4.0x | 3.8x | 22.6x | 17.9x | |||
| $12B | $2.9B | 6.7x | 6.4x | 28.3x | 20.4x | |||
| $15B | $2.5B | 2.3x | 2.2x | 13.5x | 8.6x | |||
| $4.5B | $1.5B | 6.8x | 6.7x | 20.3x | 20.1x | |||
| $13B | $4.3B | 3.0x | 2.8x | 8.9x | 7.4x | |||
| $5.2B | $1.4B | 5.0x | 4.8x | 19.2x | 18.4x | |||
This data is available for Pro users. Sign up to see all Limehome competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Limehome
| When was Limehome founded? | Limehome was founded in 2018. |
| Where is Limehome headquartered? | Limehome is headquartered in Munich, Germany. |
| Is Limehome publicly listed? | No, Limehome is a private, VC-backed company. |
| How much funding has Limehome raised? | Limehome has raised $200M across 5 funding rounds. |
| What was Limehome's last funding round? | Limehome's last funding round was a $88M undisclosed-stage round in December 2025, led by Cheyne Capital Management. |
| Who are Limehome's investors? | Limehome's investors include Picus Capital, Lakestar, HV Capital, Global Growth Capital, AW Rostamani, Cheyne Capital Management and Capital Four. |
| Which companies are comparable to Limehome? | Companies comparable to Limehome include Fabhotels, Gubei Watertown, Butler Hospitality, ResortPass, Booking Holdings and Airbnb. |
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