27 September 2023
NUMA Group (NUMA), the leading European digital hotel operator and technology provider in the short-term rental sector, has raised US$59 million in fresh capital in another funding round. The investor round was led by Verlinvest, the private equity firm of the family that owns brewing giant Anheuser-Busch. Other backers include existing investors Headline and Cherry Ventures, as well as VC funds DN Capital and Soravia. A Taylor Wessing team led by Berlin-based partner and VC expert Dr Norman Röchert advised the start-up on all legal issues surrounding the funding round.
Founded in Berlin in 2019, the company is less affected by the current pressures in the hotel industry thanks to its digitalised business model. Through the extensive use of technology, NUMA customers stay comfortably in design hotels across Europe, without any hotel staff at all. The company is thus growing against the trend, as the hotel industry is currently suffering severely from a lack of staff and rising operating costs while demand is falling at the same time.