Magicstay
Rent a flat for your business trip.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| N/A | €3.0m | Early VC | |
| Total Funding | 000k | ||
| USD | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | (85 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
MagicStay operates in the business travel accommodation market, providing short and medium-term rental solutions for business travelers. The company offers a range of luxurious flats and aparthotels in major cities worldwide, including Paris, London, and Cannes. These accommodations are designed to meet the needs of business travelers, featuring modern equipment, multiple bathrooms, and high comfort levels. The company assigns a star rating system to help clients choose the best accommodation based on previous tenant feedback and comfort levels.
MagicStay serves corporate clients, exhibitors, and visitors attending major events and exhibitions. The business model revolves around offering exclusive rental deals and ensuring compliance with tax obligations and regulations. The company generates revenue through rental fees and additional services such as insurance coverage, emergency response, and traveler tracking tools like Weezard or Duty of Care provider I.SOS.
MagicStay emphasizes security and data protection, storing CRM data in Europe and ensuring no banking data transmission. The company also provides a professional host reception, permanent local presence, and display of all security equipment in their ads.
Keywords: business travel, luxurious flats, aparthotels, short-term rental, medium-term rental, corporate clients, exhibitions, security features, star rating system, data protection.