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Mexican proptech Naya Homes—which describes its business as “a better rental experience for owners and their guests”—announced the closing of its US$5 million seed round. The raise comes shortly after it received US$600,000 in March.
Boston-based Flybridge Capital Partners led the latest round. Also participating were Primary Venture Partners, Clocktower Technology Ventures, K50 Ventures, Carao Ventures, Trip Ventures, Colibrí Equity Ventures, Derive Ventures, and several former Uber executives in LatAm.
The connection with Uber is not accidental. Two founders of Naya Homes, Humberto Pacheco and Roberto Fernández, worked for the company in the region. Among other roles, Pacheco held the Regional General Manager position and Fernandez, General Manager in Mexico. They were joined by Iacopo Santini, who until recently worked at Primary Venture Partners.
Pacheco, now CEO of Naya Homes, said in a statement: “We will use these funds to continue hiring great people, expand throughout Mexico and build technology that empowers property owners and investors to maximize the profitability of their short-term and vacation rentals.”
He explained that he created Naya Homes with his partners when they saw the potential of short-term rentals for both owners and guests. They believe that through innovations in technology, operations, and finance, they can “fundamentally redefine the asset class and make it more accessible to consumers throughout Latin America.”
Main image: Naya Homes
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