Rental tech startup MadeComfy secures funding from several high profile investors

Rental tech startup MadeComfy secures funding from several high profile investors

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Sabrina Bethunin and Quirin Schwaighofer

MadeComfy, Australia’s first performance driven short-term rental partner, allows property owners and guests to easily participate in the sharing economy by providing a tech-enabled, end to end management service. Its data driven approach delivers owners 40% or higher returns on their rental income than long-term or self-managed, while guests enjoy a truly unique, high quality experience from their short-term stay.

MadeComfy have announced five (5) high profile investors joining the advisory board, propelling its plans for national expansion.

Cliff Rosenberg – MD LinkedIn Australia NZ & SEA, Rolf Hansen and Peter O’Connell – Co-founders and ex-CEO and ex-Chairman respectively of ASX listed Amaysim, banking executive Hein Vogel – MD Investec Australia, and Manfred Hasseler – entrepreneur & Investor/Advisor to Airtasker, have each made a significant investment in MadeComfy and joined the advisory board.

Cliff Rosenberg said “It is really exciting to be working with the MadeComfy team to create a win-win situation for both property owners and travellers. Doing this at scale presents a huge opportunity and it’s great to see the progress already made by MadeComfy in such a short space of time.”

What does this mean for MadeComfy?

Co-founder and COO of MadeComfy, Quirin Schwaighofer says “We are proud to have secured such experienced and successful investors and advisors to MadeComfy. They offer phenomenal access to a wealth of talent and experience across multiple business disciplines.”

“Moving forward, MadeComfy will continue to invest in our IT and operational infrastructure to deliver excellence in customer service for our property owners and guests. In addition, the planned roll out of MadeComfy across other major Australian cities is on target for 2017,” said Mr Schwaighofer.

MadeComfy, founded by Sabrina Bethunin and Quirin Schwaighofer was launched in 2015 and has been growing rapidly in the booming sharing accommodation market.

With over 23,000 Airbnb listings and 262,000 guests in 2016, Sydney experienced a 106% year on year growth and is now ranked the world’s 5th largest market for short term rentals.

The MadeComfy business model presents enormous potential for property investors looking for a higher yield and a more flexible rental solution than the classic long-term model offers, with statistics indicating strong growth in the short-term property sector, particularly from the Airbnb market.

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