Myplace

Myplace

Verified

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$23—35m (Dealroom.co estimates Mar 2022.)
San Francisco California (HQ)
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DateInvestorsAmountRound
-investor investor

$0.0

round
investor

$0.0

round
*

$5.8m

Seed
Total Funding000k

Recent News about Myplace

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MyPlace.co is a unique startup operating in the homesharing market. Unlike traditional platforms that cater to tourists and strangers, MyPlace.co focuses on creating a trusted network for friends and communities to share their homes. The company serves individuals who prefer to stay with people they know and trust, rather than with strangers. This approach fosters a sense of safety and community, making it an attractive option for those who value personal connections.

The business model of MyPlace.co is straightforward. It is not a marketplace where transactions are handled by the platform. Instead, all transactions are managed directly between the host and the guest, ensuring a more personal and secure experience. Users can list their homes and share them with their friends and communities, often at or below cost. This model emphasizes trust and mutual respect, aligning with the company's core values of treating others well and leaving places better than they were found.

MyPlace.co makes money by offering premium features and tools for hosts. These tools help hosts manage their listings, communicate with guests, and ensure a smooth homesharing experience. By providing these value-added services, MyPlace.co generates revenue while enhancing the user experience.

The market MyPlace.co operates in is the global homesharing market, but with a niche focus on trusted networks. This differentiates it from larger, more impersonal platforms and appeals to a specific segment of users who prioritize trust and community over convenience and anonymity.

In summary, MyPlace.co is a homesharing platform designed for friends and communities, emphasizing trust and personal connections. It operates in the global homesharing market with a unique business model that facilitates direct transactions between users and generates revenue through premium host tools.

Keywords: homesharing, trusted network, friends, community, personal connections, global market, direct transactions, premium tools, safety, mutual respect.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.