AltoVita, a London, UK-based provider of a corporate accommodation platform, raised $9.5M in Series A funding.
The round was led by Novum Capital Partners and Fifth Wall.
The company intends to use the funds to continue its business expansion.
Founded in 2018 by Vivi Cahyadi Himmel and Karolina Saviova, AltoVita provides a technology platform that creates a cloud-based bridge between the fragmented property distribution system and Global 2000 companies, SMEs, and business travellers, reducing the legacy 48-to-72-hour bidding process down to a few minutes. The customisable platform offers instant access to a diverse network of 1 million+ housing options worldwide – including serviced apartments, professionally managed homes, aparthotels, and co-living – with the ability to sort by desired amenities, pet friendliness, and sustainability scores.
AltoVita’s global footprint currently spans 165 countries and 1,553 cities, including Singapore, Dallas, and Bangalore. Customers include Hewlett Packard Enterprises, Google and US government agencies.
FinSMEs
02/12/2022