|Privately held company|
|Founded||2010, Launch March 2011|
Stephan Uhrenbacher (Chairman, Founder)|
Roman Bach (Co-Founder)
|Owner||eVentures, Redpoint, T-Ventures, Founders|
9flats is an online marketplace and hospitality service, enabling people to lease or rent short-term lodging including vacation rentals, apartment rentals, homestays, hostel beds, or hotel rooms. The company does not own any lodging; it is merely a broker and receives percentage service fees (commissions) from both guests and hosts in conjunction with every booking.
The founders secured funding from venture capital fund E.ventures (CityDeal/Groupon) and launched 9flats.com in February 2011 with an inventory of 5,000 places. The company was based in nine different locations around the world, but is now headquartered in Hamburg.
In May 2011, 9flats secured another round of investment from venture capital funds Redpoint Ventures (HomeAway), ProFounder (ex-lastminute.com) and Greycroft Partners, bringing the total funding to US$10 million. In January 2012, 9flats completed a round of funding led by T-Venture, the venture capital arm of Deutsche Telekom AG. This round included Redpoint Ventures and E-Venture Capital Partners (Hamburg).
In late 2011, 9flats became the first well-known European or North American company in the social travel space to open an Asian office in Singapore, led by VP of Asia Ng Wei Leen, establishing a presence ahead of global competitors like Airbnb.
In February 2014, Roman Bach was named CEO; he vacated that post in April, 2016. Uhrenbacher moved to the advisory board.
In 2014, 9flats announced that it is the first profitable player in the Social Travel Industry.
In November 2014, 9flats introduced a new payment option: book now, pay later.
In December 2016, 9flats sold the Wimdu entity to Wyndham Hotels 
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