Superhog Raises £5.5 Million to Revolutionize Vacation Rentals
London, 02/11/2023: Superhog, the category-defining risk management solution for the vacation rental industry, has successfully raised £5.5 million in Series A funding. This funding round, led by 6 Degrees Capital, Hambro Perks, and Solano Partners, will provide Superhog with the resources to expand their product and engineering teams, hire new senior operations staff, and establish international hubs in the United States and Australia. With this investment, Superhog aims to continue leading the industry in redefining safety and peace of mind for hosts, property managers, and online travel agencies (OTAs) within the rapidly growing short-term rental market.
Superhog has quickly become a pioneer in the short-term rental industry, focusing on minimizing risks and reducing disruptions.
Through their cutting-edge products, they offer unparalleled risk management for hosts, property managers, and OTAs. With a client base of over 800 Property Management Companies globally and achieving an annual recurring revenue (ARR) of over £5 million, Superhog's risk management solutions have won awards and set new standards in the industry. Their innovative approach has led to dramatically reduced incident rates and has significantly outperformed the industry average in driving growth for property managers.
Superhog Founder and CEO, Humphrey Bowles, expressed his excitement about the funding round, 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." The Series A investment will support Superhog's goals for the coming year, which include advancing their technology, expanding into new markets, and growing their team to continue developing groundbreaking solutions.
About Superhog:
Superhog is a groundbreaking risk management solution that enhances safety and security in the short-term rental industry. Through their advanced technology and community-driven insights, Superhog empowers property managers, hosts, and OTAs to identify and mitigate risks, creating a safer and more enjoyable experience for all. The company is dedicated to redefining risk management and trust in the short-term rental industry. Visit their website at www.superhog.com.
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