Business · Companies · 8 hrs ago
Spotahome raises €1.2 million to fund its 2026–2028 growth plan
Spotahome raised €1.2 million through convertible bonds between July and September.
The company runs a digital platform for renting rooms and apartments.
Existing shareholders supplied most of the funding, though Spotahome did not name the investors.
The bonds carry 12% interest and are due on 1 August 2028, when they will convert into company shares, or earlier in a qualifying funding round.
The money is intended to speed up Spotahome’s 2026–2028 growth plan.
Spotahome reported €16.93 million in revenue last year, up 2.4%, but its operating loss increased to €2.20 million.
CEO Eduardo Garbayo says the company is on track for positive EBITDA in 2026, with about €200 million in rental bookings; he says the focus in 2027 will be profitable growth and rental safety.
Spotahome has raised €1.2 million through convertible bonds to support its growth plan for 2026–2028.
The funding was raised between July and September, according to the company’s annual financial report.
The unsecured bonds carry 12% interest and are due on 1 August 2028, when they convert into shares or earlier in a qualifying funding round.
Spotahome CEO Eduardo Garbayo said existing shareholders subscribed to most of the bonds.
The company says it aims to reach positive EBITDA in 2026 and focus on profitable growth in 2027.
- Who
- Spotahome, a digital rental platform, raised the funding.
- What
- It raised €1.2 million through convertible bonds to support its 2026–2028 growth plan.
- When
- The bonds were raised between July and September; the article was published on 13 October 2026.
- Where
- Not stated
- Why
- To accelerate the company’s 2026–2028 growth plan.
This story does not have two clearly opposing sides.
Spotahome received the equivalent of €39 million in equity funding.
The group raised €27 million through convertible bonds.
Spotahome closed a €4.85 million funding round and converted convertible bonds into equity.
The group received a further €150,000 investment linked to the April 2025 round.
Spotahome raised €1.2 million through convertible bonds.
- Funding raised
- €1.2 million
- Funding instrument
- Unsecured convertible bonds carrying 12% interest
- Bond maturity
- 1 August 2028
- Growth plan
- 2026–2028
- CEO
- Eduardo Garbayo
What people are saying
La ronda la han suscrito mayoritariamente accionistas actuales. Es una financiación con cupón del 12% y vencimiento 2028, pensada específicamente para acelerar la ejecución del plan 2026–2028. Que la financiación venga del accionariado existente es, en este punto del ciclo, la mejor señal de confianza que puedes tener
Priorizamos preparar la empresa para alcanzar la rentabilidad sobre maximizar el crecimiento top-line. Yo asumí el rol de CEO en enero de 2026 y los números del año en curso van en línea para cerrar 2026 en ebitda positivo, sobre un volumen de rentas intermediadas (GMV) en el entorno de los 200 millones de euros
Esto nos permite, una vez alcanzada la rentabilidad, trasladar el foco de 2027 a crecer con rentabilidad, doblando la apuesta por la seguridad del alquiler para inquilinos y propietarios
Sources
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