Stayes is a startup that addresses the challenges faced by international travelers and students when searching for accommodations in Korea. Founded in August 2014, the company aims to ease communication barriers, mitigate fears of fraud, and simplify the complexities of legal contracts in the housing rental process. Through its platform, anyone can easily find and rent living spaces that meet their preferences. The company emphasizes excellent customer service and endeavors to address any unforeseen issues that may arise during their customers' stays.
Stayes operates in the hospitality industry and secured a KRW3.70B Series A investment on 01 February 2019. The investment was made by SJ Investment Partners, SB Partners, KB Securities, and Woomi Construction Corporation.
This investment underscores the confidence that notable investors have in Stayes' business model and its potential for growth and success in the hospitality sector. It also demonstrates the recognition of the company's efforts to cater to the needs of foreigners visiting Korea. With this support, Stayes is positioned to further enhance its offerings and expand its reach, ultimately facilitating valuable experiences for its customers in Korea.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | KRW3.70B | 4 |
|
01 Feb 2019 |
| Series A | KRW2.10B | 5 |
|
01 Apr 2017 |
| Seed Round | KRW500.00M | 1 | BonAngels Venture Partners | 21 Mar 2016 |
| Seed Round | KRW300.00M | - | 01 Mar 2015 | |
| Pre Seed Round | KRW27.00M | - | 01 Sep 2014 |
No recent news or press coverage available for Stayes.
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