Showplace
Hosting essentials at wholesale prices.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $2.0m | Seed | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 334 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Showplace Wholesale is a startup that operates in the vacation rental market, providing a comprehensive service to hosts looking to optimize their rental properties. The company's primary clientele includes Airbnb hosts, real estate investors, and other vacation rental property owners. Showplace's business model is centered around streamlining the process of setting up and managing rental properties.
The company offers a range of services, starting with a consultation to understand the client's needs, budget, and goals. They then develop a strategy and provide digital renderings of the proposed space. Clients collaborate with expert designers to ensure their rental is guest-ready, with the company boasting a saving of up to 75 hours for hosts in getting their rental prepared.
Showplace also offers a range of installation options to suit different budgets, from DIY to white glove service. All products used are host tested and approved, ensuring high quality. The company also negotiates directly with brands to secure the best prices for their clients.
The startup's revenue model is likely based on a fee or commission structure, charging for the services provided. The company claims that hosts see their nightly revenue increase by 22% on average after using their services, and 83% of hosts see an increase in their star ratings.
Keywords: Vacation Rental, Airbnb, Real Estate Investors, Rental Optimization, Property Management, Interior Design, Installation Services, Revenue Increase, Star Ratings, Streamlined Process.