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Snaptrip, the Young Gun-founded last minute holiday rental provider, has raised ￡2.1m and used a portion of the investment to acquire Last Minute Cottages – which includes the websites lastminute-cottages.co.uk, big-cottages.com and henpartyvenues.co.uk. Led by existing backer Bestport Ventures, the funding round also included Snaptrip.com’s other institutional shareholder Forward Partners. While several current and new Angel investors participated in the round, including Matthew Witt, former chief operating officer of Active Hotels – which itself was acquired by Booking.com. Featuring twice in our Startups 100 list, in 2016 and 2015, Snaptrip was founded in April 2014 by Matt Fox and Dan Harrison. Offering a large range of last minute, discounted UK holiday properties in one marketplace, the start-up previously raised ￡1.5m in a funding round back in January 2016. Read original article |
