About Loftium
Loftium is a company based in Seattle (United States) founded in 2016 by Yifan Zhang and Adam Stelle was acquired by FlyHomes in February 2023. Loftium has raised $17.5 million across 2 funding rounds from investors including FlyHomes, Norwest Venture Partners and Founders' Co-op. The company has 14 employees as of December 31, 2022. Loftium operates in a competitive market with competitors including Vacasa, Blueground, Sonder, TurnKeyVR and Frontdesk, among others.
- Headquarter Seattle, United States
- Employees 14 as on 31 Dec, 2022
- Founders Yifan Zhang, Adam Stelle
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Travel & Hospitality
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- Legal Name Loftium Inc.
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People of Loftium
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Funding Insights of Loftium
Loftium has successfully raised a total of $17.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Loftium
Loftium has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include FlyHomes, Norwest Venture Partners and Founders' Co-op.
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Seed and early-stage tech investments are made in the US.
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Early-stage startups are funded by Threshold VC firm.
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Investor details for Loftium
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Investments & Acquisitions by Loftium
Investment portfolio details for Loftium
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Financial Statements - Loftium
Detailed financials for Loftium
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Loftium Comparisons
Peer comparison for Loftium
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Competitors of Loftium
Loftium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vacasa, Blueground, Sonder, TurnKeyVR and Frontdesk, among others.
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Vacation rentals are booked via an app-based platform by travelers.
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Furnished apartments are rented for flexible mid- to long-term stays.
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Managed vacation rentals are booked through an app-based platform.
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Vacation rental management and booking services are provided to homeowners.
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Managed vacation rentals are booked via an online platform.
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Managed vacation rentals are booked via an online platform.
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Detailed competitors of Loftium
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Latest news on Loftium
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Frequently Asked Questions about Loftium
Loftium was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Loftium is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Yifan Zhang is the current CEO of Loftium. They have also founded this company.
Loftium is a funded company, having raised a total of $17.5M across 2 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Loftium is 14.
Loftium was founded in 2016 in Seattle, United States, within the hospitality sector. An online platform is provided for booking luxury vacation accommodations, where payments are processed digitally. Hosts are offered discounted rent in exchange for managing guest inquiries, providing onsite support, and ensuring amenities such as fresh linens, comfortable bedding, keyless entry, WiFi, and automated messaging. Operations focus on connecting guests with high-end rentals.
Loftium's top competitors include Vacasa, Sonder and Blueground.
Loftium has 6 investors. Key investors include FlyHomes, Norwest Venture Partners, Founders' Co-op, Threshold, and DFJ.