MadeComfy, an Australian property management company that looks after Airbnb listings, has raised $1.1 million from investors, including the departing local LinkedIn CEO Cliff Rosenberg.
Australian Financial Review reports that Rosenberg's stake in MadeComfy is now at 6 per cent, with the other current round of investors including: Rolf Hansen and Peter O'Connell, co-founders of ASX-listed telco company Amaysim, Hein Vogel, a former Macquarie banker who is now managing director of Investec Australia, and Manfred Hasseler, an adviser and investor in Airtasker.
Rosenberg said MadeComfy was one of the major players in property management.
"There is always space in any sector for more than one player and we would like to think MadeComfy is one of the industry leaders," he said.
"One key differentiation of MadeComfy is our strength in data analytics and the ability to deliver significantly higher net returns than achievable through a long-term or self-managed Airbnb rental," Mr Rosenberg said.