Short-term rental monitoring solution startup Minut has received an extension of $5 million in funding for its Series B round that closed in March 2022 to bring the total to $20 million. The new funding comes from Smedvig Capital.
“Having known the Smedvig team for many years, we felt it was the perfect time for them to join at the stage we are in, bringing an impressive portfolio and expertise in Nordic and U.K. tech investments,” said Nils Mattison, co-founder and CEO of Minut.
“With this new capital, we can redouble product development efforts and leverage our STR leadership into new verticals with a more aggressive hiring plan in both our European base and our international markets.”
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Sweden-based Minut, which helps property managers and hosts to monitor their properties and automate workflows, plans to use the investment to…
