H2O, Japan's Largest Vacation Rental Company, Raises US$7M Led by Samsung Ventures
Shinhan Financial Group Co Ltd American Depositary Shares (SHG)
US:NYSE Investor Relations:
shinhangroup.co.kr/en/invest/main.jsp
Company Research
Source: PR Web
SEOUL, South Korea (PRWEB) February 03, 2020 H2O Hospitality, Japan's number one vacation rental management company announced it has successfully raised US$7 million in Series B funding from Samsung Ventures, Stonebridge Ventures, IMM Investment, and Shinhan Capital. The funding arrives as H2O reached a milestone of 5,000 managed rooms, only 2 years since the launch of the service in Japan. The fundraise brings H2O's total funding to US$18 million."We're pleased to be part of the fastest growing hospitality company in Japan," said Eric Kim from Samsung Ventures. "H2O has already proven product market fit within Japan, and we expect them to continue to thrive as they expand outside of major cities." Caption: H2O Hospitality, Japan's No.1 vacation rental management company, successfully raised US$7 million in VC funding, increasing their total investment funding to US$18 million. H2O Stay, vacation rental brand by H2O Hospitality, recently opened their newly developed hotel near Univer
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