Sundes raised $500K in a funding round. A diverse group of investors, including Chilean and international backers, participated in this round.
Sundes is a Chilean company that focuses on short and medium-term rentals. The company is the first booking website in Latin America to offer personalized services to help guests and homeowners easily find and rent vacation properties.
With this investment, Sundes will increase its global footprint and streamline its Chilean property holdings. By reducing demand seasonality, the business hopes to boost revenue.
Sundes made $800,000 in sales in the previous year with more than 200 reservations and $6000 in average ticket prices per stay. Within the next two years, Sundes aims to have 1,000 properties available in Chile.
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