The vacation and short-term rental platform will use the
funding to continue its growth throughout Mexico City and Puerto Vallarta
MEXICO
CITY, Sept. 26, 2022 /PRNewswire/ --
Naya Homes, LATAM's newest PropTech
company specializing in vacation and short-term rental management,
has raised a $5-million seed round
that will fuel its growth throughout Mexico. With its core focus on creating value
for real estate investors and homeowners, the company leverages its
robust technology stack to help owners maximize the profitability
of their properties, minimize their operational stress and provide
them with greater visibility into real-time financial
performance.
The round was led by Flybridge Capital Partners with
participation from Primary Venture Partners, Clocktower Technology
Ventures, K50 Ventures, Carao Ventures, Trip Ventures, Colibrí
Equity Ventures, Derive Ventures, in addition to several former
executives from Uber's Latin
America team. This funding follows a $600-thousand pre-seed led by Primary Venture
Partners in March 2022.
"We believe Naya can deliver incredible value to numerous
stakeholders across the residential real estate value chain at
scale," says Jeff Bussgang,
Partner at Flybridge Capital Partners. "Naya's founding team
is incredibly well-positioned, having on-the-ground experience
managing operationally intensive businesses in LATAM, ranging from
Uber to Sonder."
Founding Team:
- Humberto Pacheco. Humberto was a
Regional General Manager at Uber Latin America. Later, he launched
and ran operations at CloudKitchens in Latin America
- Roberto Fernández del Castillo. Roberto was a General
Manager and Head of Shared Rides at Uber Latin America before
launching Sonder in Mexico as its
first Country General Manager and running Operations for Conekta
(Mexico's first FinTech
startup)
- Iacopo Santini. Iacopo started his career at Bain Capital,
where he covered private debt solutions, before working at Primary
Venture Partners in New York
City
Relative to LatAm incumbents who execute master leases on larger
buildings, Naya Homes is an
asset-light operator leveraging its funding to maximize
profitability for all types of properties— from individual
apartments to vacation villas — through innovative technology
solutions.
"At Naya Homes, we're focused on maximizing returns for real
estate investors and homeowners. By removing operating complexity
and providing enhanced visibility into financial performance, we
will drive tremendous value to owners in destinations across
Latin America. Long term, we will
leverage our data to unleash the potential of this asset class in
the region with other products and services that will enrich the
owner experience," states Humberto
Pacheco, Naya Homes Co-founder and CEO.
Naya Homes began operations in
Puerto Vallarta in August and will
launch in Mexico City with a
15-unit building in Polanco in September.
About Naya
Homes
Naya Homes is a
Mexico City-based vacation and
short-term rental management company using advanced technology and
data science to maximize returns for property owners. The PropTech
partners with a range of individual second home or investment
owners, to real estate developers and investment groups across
Mexico and broader Latin America. Naya
Homes offers both full-service operations services and
low-touch revenue management.
About Flybridge Capital Partners
Flybridge is a
seed-stage venture capital firm based in Boston and New York
City investing in entrepreneurs across a range of sectors
who share our vision for leveraging the power of community. With
over $1 billion under management
across six seed funds and nine network funds, portfolio companies
include BetterCloud, BitSight, Bowery, Chief, Codecademy (acq:
SKILL), FalconX, Firebase (acq: GOOG), Habi, Infracommerce (BVMF:
IFCM3), MadeiraMadeira, MongoDB (NASDAQ: MDB), Open English,
Plastiq, and Splice.
About Primary Venture Partners
Primary is a
premier seed-stage VC firm in New York City—backing companies like
Alloy, Chief, Flock, K Health, Latch, Realm, Slice, and many more.
It employs a deeper staff of portfolio support leaders than any
other early-stage firm, and also maintains several deep networks of
talent and advisors throughout the local startup ecosystem. Since
launching in 2015, Primary has come to manage more than
$525 million in assets and has seen
eight of its first 35 investments achieve unicorn status.
Cofounders Ben Sun and Brad Svrluga have been recognized on the Forbes
Midas List and Insider's Seed 100.
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SOURCE Naya Homes