MMC invests in LoveHomeSwap
MMC Ventures today announced that it has led an
£850k investment round in home-swapping website Love Home
Swap.
Love Home Swap is an international holiday home
exchange website founded by UK serial entrepreneur Debbie Wosskow.
Love Home Swap launched in October 2011 to provide members
with the opportunity to swap their homes for stylish and unique
residences across 80 countries. Users are invited to sign up
for membership, with the company generating revenue through member
subscriptions.
Rory Stirling, Investment Director at MMC Ventures,
commented:
"Love Home Swap exemplifies the qualities that we
look for in any business that we back - a proven entrepreneurial
team, compelling business model and a large underserved market. The
business provides a fantastic value proposition to its users, which
is demonstrated by its market leading product and highly engaged
international user base. Quality and trust are essential parts of
any successful collaborative model and we believe Love Home Swap
has the ability to transform the home swapping market. We have been
hugely impressed with what the team has achieved to date and are
very excited about the future of the business".
MMC Ventures today announced that it has led an £850k investment
round in home-swapping website Love Home Swap.
Love Home Swap is an international holiday home exchange website
founded by UK serial entrepreneur Debbie Wosskow. The service
launched in October 2011 to provide members with the opportunity to
swap their homes for stylish and unique residences across 80
countries.
Rory Stirling, Investment Director at MMC Ventures,
commented:
"Love Home Swap exemplifies the qualities that we look for in
any business that we back - a proven entrepreneurial team,
compelling business model and a large underserved market. The
business provides a fantastic value proposition to its users, which
is demonstrated by its market leading product and highly engaged
international user base. Quality and trust are essential parts of
any successful collaborative model and we believe Love Home Swap
has the ability to transform the home swapping market. We have been
hugely impressed with what the team has achieved to date and are
very excited about the future of the business".
Click
here for the full press release.
Click here to view an article from Growing Business
Magazine.
You can visit their website at www.lovehomeswap.com.
