Tourism tech startup Quendoo valued at EUR 5 Million after securing significant Venture Capital funding

Quendoo, a digital platform that allows property owners to take back control of their property bookings, payments, marketing and availability, has launched after securing EUR 750,000 in VC funding.

Co-founder Christophe Gater said: "For too long, property owners have been at the behest of booking giants; Quendoo is on a mission to liberate owners by helping them regain control, maximise their online presence and increase their revenues.”

The revolutionary platform enables property owners to seamlessly synchronise their choice of marketing channels and recapture revenue from direct bookings, all controlled through a single dashboard.

Co-founder Gorian Varbanov said: "Quendoo removes the need for property owners to wade through multiple expensive and time-consuming third-party services, replacing them with a single site that is joined-up, inexpensive and easy to maintain."

Quendoo is operated by an established team with fifteen years' experience in the property market and a track record for growth; their aim is to employ over 30 personnel by the end of 2022, an accelerated development program for the group, which has operated for the past five years in the Balkans through peer to peer accommodation platform arendoo.com.