Superhog, a Stockbridge, England-based risk management platform that is focused on enhancing safety and security in the vacation rental industry, secured £5.5 million in Series A funding.
SaaS Investors
The round was led by notable investors, including 6 Degrees Capital, Hambro Perks, and Solano Partners.
6 Degrees Capital is an early-stage VC fund based in London and Antwerp. They invest in startups from seed to Series B across fintech and SaaS.
Founded in 2014, Hambro Perks is a venture capital firm based in London, United Kingdom. The firm prefers to invest in the technology, fintech, healthcare, environmental technology, and life sciences sectors across Europe.
Solano Partners is an investment banking firm based in London, United Kingdom. Founded in 2021, the firm provides investment banking services to small and middle-market companies.
Superhog Use of Funds
The company plans to utilize the funds to extend its market presence across key global markets, especially its commitment to short-term rental communities in the US.
About Superhog
Founded by Humphrey Bowles, Andrew Boldt, Leo Walton, and Ben Robinson, Superhog is a company that combines cutting-edge technology and data-driven solutions to power its core product, Know Your Guest, the all-in-one risk management platform for short-term rental property managers and hosts. Its core product utilizes AI-supported technology to provide tools for ensuring safety and security for property hosts, operators, and guests during online activities. The toolkit includes features such as biometric recognition, ID verification, screening technology, automated deposit and damage waiver collection, and an insurance-backed guarantee covering property damage caused by guests, with coverage up to $5,000,000.
Funding Details
Company: Superhog Limited
Raised: £5.5M
Round: Series A
Funding Month: November 2023
Lead Investors: 6 Degrees Capital, Hambro Perks, and Solano Partners
Additional Investors:
Company Website: https://www.superhog.com/
Software Category: Vacation Rental Risk Management Solution
Source: https://siliconcanals.com/news/startups/uks-superhog-bags-6-3m/