Venteri Capital has acquired an equity stake in Piney, a growing startup focused on cleaning and servicing short-term rental properties, aiming to enhance growth in key European markets through this strategic investment.
Target Information
Piney is a dynamic early-stage startup based in Europe that specializes in cleaning and servicing short-term rental properties, primarily catering to large property management firms. The company leverages proprietary technology to streamline operations, significantly enhancing efficiency and scalability within the property service sector.
Over recent years, Piney has established a strong reputation for delivering exceptional service tailored to the needs of its clients. This emphasis on quality and innovation positions Piney strategically within the evolving landscape of the property management industry, where demand for specialized, tech-enabled services continues to rise.
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Industry Overview
In recent years, the short-term rental market in Europe has experience robust growth, driven by the increasing popularity of platforms such as Airbnb and Vrbo. As consumer
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Venteri Capital
invested in
Piney
in 2024
in a Other VC deal