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Whyhotel Raises $10M In Series A Funding And Announces New Pop-up Locations

by vcaonline.com posted 1month ago 22 views
WASHINGTON, December 11, 2018-- WhyHotel, an alternative lodging service that operates pop-up hotels in newly built, luxury apartment buildings, today announced it has secured $10 Million in Series A funding. The round was led by Highland Capital Partners, with participation from Camber Creek, Revolution's Rise of the Rest Seed Fund, Mendacre, MetaProp and Geolo Capital. The funds will be used to launch new pop-up hotels, beginning with three locations in Virginia, and to continue expanding nationwide in 2019. In addition, the funding will be utilized to hire new positions across multiple areas including technology, brand, sales and human capital.

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