German proptech company Myne Homes has taken a significant step forward in its growth and expansion ambitions by securing €40 million from investors for its co-ownership platform for vacation homes. Ramin Niroumand's FinTech Fund, embedded/capital, TruVenturo, the family office of HomeToGo founder Nils Regge, Scope Hanson, Rivus Capital and CoastCap participated in this financing round, which closed in August 2024. Finanscheck founder Moritz Thiele also contributed to this investment round.

Myne Homes

Founded in 2021, Myne Homes has quickly established a solid foothold in the European vacation home market. Behind the company's success lies the co-ownership model it offers to its users. Thanks to this model, investors can become partners in luxury vacation homes in popular holiday destinations with a minimum investment of 50,000 Euros. Myne Homes takes care of all the details such as furnishing, maintenance and professional management of the properties, offering investors a hassle-free experience. Myne Homes' user-friendly digital platform provides convenience for property selection, management and planning. Co-owners can set the dates they want to use their properties through the smart scheduling system and the system guarantees fair utilization. When not in use, the properties can be rented through the platform, providing investors with additional income.
 

The investment will enable Myne Homes to accelerate its growth ambitions across Europe. The company will enter the Swedish market by offering four properties in the Stockholm Archipelago and popular ski resorts in the north. It also aims to expand its portfolio in popular vacation destinations in Southern Europe. As part of its growth strategy, Myne Homes has also acquired its German competitor VillaCircle. Offering luxury vacation homes in destinations such as Spain, Austria, Croatia and the Côte d'Azur, VillaCircle's portfolio strengthens Myne Homes' offerings in the luxury segment and enables it to appeal to a wider audience. Myne Homes aims to consolidate its leading position in the vacation home market with its innovative business model, high customer satisfaction and strong investor support. The company, which has opened up new markets and expanded its portfolio with the investment it has received, is likely to continue to grow in the future.