Details

Last Funding Type

Series A

Last Funding Money Raised

$15M

Industries

Finance,FinTech,Internet,Real Estate

Founded date

Jan 1, 2016

Number Of Employee

11 - 50

Operating Status

Active

Loftium is a technology startup that offers premium rental experiences at affordable rates with built-in income. It gives you a down payment in exchange for splitting Airbnb income in a spare room for 12-36 months. The startup uses Airbnb to provide innovative new paths to affordable housing. They find homes that have a separable short-term rental space and offer up to 50% discounted rent in exchange for managing the on-site Airbnb.

Loftium makes money by collecting enough income from Airbnb customers. It furnishes the Airbnb units and helps renters to manage the listings. The company pays out the landlord at market rent with a long-term lease up to three years and keeps the excess income from the short-term rentals as a profit. It helps families in expensive cities live the lifestyle they want by offering a radically new type of affordable housing.

Loftium was founded in 2016 and is headquartered in Seattle, Washington, USA