Myne, a Berlin-based company specializing in managed co-ownership of premium vacation homes, has successfully closed its €40 million Series A funding round, which includes both equity and debt financing.
The funding round was led by Limestone Capital, a private equity firm with a focus on hospitality and real estate, and saw participation from existing investors such as Motive Ventures and Scope Hanson.
With the newly acquired funds, Myne plans to further enhance its technology and financing platform and expand its portfolio within existing markets. The company is also set to enter new markets, including Croatia and Portugal, and aims to extend its services to customers in the Benelux countries and the UK.
Founded in 2021 by Nikolaus Thomale and Fabian Löhmer, Myne offers a managed co-ownership model for premium vacation homes. This allows customers to purchase shares in high-quality vacation properties starting from an equity investment of €50,000. Through Myne’s digital platform, co-owners can manage their properties with ongoing services, including furnishing, operation, and maintenance, for a monthly fee. A smart scheduling system ensures that all co-owners can use their property according to their personal preferences. The company’s portfolio includes properties in Germany, Austria, Italy, Spain, France, Sweden, and Croatia. To date, Myne has raised over €60 million in equity and debt capital and employs 40 people.
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By Proptechbuzz
By Ravi Kumar
