Missafir, a Turkish professional short or medium-term home rental management platform, has raised funding, which has boosted its valuation to $26 million.
The pre-Series A round was backed by Ege Yapı Technology Ventures, the technology investment arm of Ege Yapı, alongside existing investors.
The capital influx from the round will enable Missafir to expedite its expansion into the European market and increase its technology development investments.
Moreover, the company will also use the fresh funds to further solidify its position in the market, enabling it to scale even more rapidly and capture a larger share of the universal short-term rental market.