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Travelio

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Namestring
Travelio
Legal namestring
PT. Horizon Internusa Persada
Websiteurl
travelio.com
Company typeenum
Private
Founded yearint
2015
Descriptiontext

Travelio is an Indonesia-headquartered online property rental and sales marketplace founded in 2015 and operating as a private company (legal entity PT. Horizon Internusa Persada). The platform aggregates furnished and unfurnished inventory — apartments, houses, villas, hotel residences, shophouses (ruko), and boarding houses (kost) — across 17 or more Indonesian cities including Jakarta, Bandung, Surabaya, Yogyakarta, Medan, Bali, Makassar, Semarang, Malang, Tangerang, Bogor, Depok, Karawang, and Bekasi, with supporting operations in Solo, Wonosobo, and Situbondo. Travelio supports daily, monthly, and yearly rental durations, with pricing denominated in Indonesian Rupiah starting from approximately IDR 1,000,000 per month for entry units. The platform combines a self-serve consumer marketplace (web, iOS, Android) with a dedicated enterprise channel (Corporate Housing), a third-party property management partner program (TPM Partners) for property owners, a professional property-management sub-brand (Travelio Realty), and a buy/sell property brokerage service (Jual Beli Apartemen).

Travelio's revenue model spans four streams: transaction fees on completed rental bookings, recurring subscription-style billing for monthly and annual rentals (with installment options that do not require credit cards), managed-services fees from professional property management (linen, cleaning, room-boy services), and transaction fees on property sales. Distribution is omnichannel Indonesian-domestic, leveraging the website and mobile apps for self-serve consumer acquisition, SEO content marketing (Travelio Blog), organic and paid social (Facebook, Twitter, Instagram, LinkedIn, TikTok), email/newsletter promotional programs, and seasonal/event-driven promotions such as staycation deals with discounts up to 30%. The technology stack is a typical web-plus-native-mobile property rental platform with social login (Google, Facebook), OTP verification via SMS and WhatsApp, and standardized hospitality-quality scoring across properties, but no public-facing API, SDK, or MCP was disclosed.

In April 2023 the company closed a Series C round led by a Korean financial group with participation from 500 Global, AppWorks, KTB Ventures, ORZON Ventures, Pavilion Capital, and Thai strategic investor PTT Oil and Retail Business Public Company. Capital is allocated to launching a rent-to-own vertical addressing low homeownership among Indonesian middle-class millennials and to expanding the city footprint. Headcount sits in the 501-1000 range based on company-provided firmographics; revenue and valuation figures are undisclosed across sources.

Short descriptiontext

Travelio is an Indonesia-headquartered online marketplace for short- and long-term rentals of apartments, houses, villas and hotels across 17+ cities, also facilitating property sales and a planned rent-to-own vertical for individual renters, corporate clients, and property owners.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersJakarta, Indonesia
HQ citystring
Jakarta
HQ countrystring
Indonesia
HQ regionstring
Asia
Markets served

Serves global market

Offices17 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
property rental marketplace, apartment rental platform, vacation rental services, corporate housing solutions, real estate marketplace
Industry1 code
1Local/Regional Vacation Rental Marketplaces (Geo-Focused Platforms)
CodeTHAMALALPrimaryYes
SIC code2 codes
  • Real Estate Agents & Managers (For Others)6531
  • Hotels, Rooming Houses, Camps & Other Lodging Places7000
Product category
Online Property Rental Marketplace
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model5 records
1Property Rental Transactions
TypeTransaction Fee
Description

Travelio earns revenue by facilitating property rentals between property owners and tenants. The platform offers daily, monthly, and yearly rental options across apartments, houses, villas, and other property types. Revenue is generated through transaction fees and service charges on completed bookings.

travelio.com
2Corporate Housing Services
TypeSubscription Recurring
Description

Dedicated program for corporate clients providing housing solutions for employees with account management and bulk booking capabilities.

travelio.com
3Property Management Services
TypeManaged Services
Description

Professional management of rental properties including standardized amenities, cleaning services, linen quality management, and room boy services for premium units.

travelio.com
4Property Sales (Beli)
TypeTransaction Fee
Description

Facilitates apartment and property purchases through the platform, providing services from unit selection through key handover including showing requests, price negotiation support, and transaction processing.

travelio.com
5Rent-to-Own Services (planned)
TypeSubscription Recurring
Description

Planned new vertical to address low homeownership issues among middle-class millennials, combining rental payments with pathway to property ownership.

heaptalk.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Pricing details5 tiers
1Daily rental rates
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Shorter-term stays with premium per-night rates. Unit prices vary by property size, location, and furnish level.

travelio.com
2Monthly rental rates
ModelSubscriptionBilling cadenceMonthly
Notes

Starting from approximately IDR 1,000,000/month for basic units. Offers savings compared to daily rates. Standard and premium tier options available.

travelio.com
3Annual rental rates
ModelSubscriptionBilling cadenceAnnual
Notes

Yearly contracts with significant monthly savings. Provides installment payment options WITHOUT requiring credit cards. Flexible payment options.

travelio.com
4Fully furnished vs unfurnished
ModelHybridBilling cadenceMonthly
Notes

Full furnished units command premium pricing while unfurnished units offer more affordable options. Pricing varies significantly based on furnish level.

travelio.com
5Property purchase/sale rates
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Apartment purchase prices range from IDR 120,000,000 for studio units to IDR 800,000,000 for larger units. Both negotiable and fixed price options available.

travelio.com
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

Travelio is an online marketplace that connects property owners with renters across 17+ Indonesian cities, offering apartments, houses, villas, hotels, boarding houses (kost), and shophouses for daily, monthly, and annual stays. The platform also provides professional property management with standardized amenities, a dedicated corporate housing program for enterprise clients, property sales services from unit selection through key handover, and a TPM Partner program for property owners to list and manage their units.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Series C funding secured to expand rent-to-own vertical and geographic coverage
+3 more records
Product overview1 text field

Travelio operates as a unified property technology platform offering multiple interconnected rental and sales services. The core platform at Travelio.com serves as the marketplace where users can access apartment rentals (Sewa Apartemen), house rentals (Sewa Rumah Kontrakan), villa rentals (Sewa Villa), and hotel residence options. Supporting this is the TPM Partner Program for property owners to list units, Travelio Realty for professional property management, and a Buy/Sell Apartment service for property transactions. The platform recently announced expansion into rent-to-own with Series C funding. Corporate Housing serves business clients, while Staycation Deals provides promotional offerings for leisure travelers.

Product and service6 records
1Travelio Property Rental Marketplace
CategoryOnline property rental marketplace
Description

Online marketplace offering daily, monthly, and annual rentals of apartments, houses, villas, hotels, boarding houses (kost), and shophouses (ruko) across 17+ Indonesian cities with fully furnished, semi furnished, and unfurnished options for individual consumers and families seeking flexible housing.

2Corporate Housing Program
CategoryCorporate housing services
Description

Dedicated enterprise program providing housing solutions for employees with account management and tailored arrangements for companies managing temporary assignments, relocations, and recurring workforce housing needs across Indonesian cities.

3Property Sales (Buy/Sell Apartments)
CategoryReal estate sales transactions
Description

End-to-end apartment purchase service facilitating unit selection, viewing requests, price negotiation support, transaction processing, and key handover for buyers seeking to purchase residential properties through the Travelio platform.

4Hotel Residence
CategoryExtended-stay accommodation
Description

Exclusive offering that transforms hotel rooms into residential living spaces, combining hotel amenities with home-like comfort for longer-stay renters across Indonesia.

5TPM Partner Program
CategoryProperty partner program
Description

Third-party property management partner program enabling property owners to list their rental or sale units on the Travelio platform for professional listing, management, and rental income generation.

6Travelio Realty
CategoryProperty management services
Description

Professional property management brand under Travelio providing standardized management services for rental properties, including amenities, linen quality management, cleaning, and room boy services for premium units.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Global vacation rental marketplace operating in Indonesia alongside Travelio. Directly comparable on core marketplace model, host onboarding, and short-stay booking flows, though Airbnb operates at vastly larger scale across geographies and customer segments.

TypeBroad incumbent
Description

Indonesia's leading super-app for travel including flights, hotels, and accommodations. Competes with Travelio on accommodation bookings while offering a much broader product portfolio and significantly larger marketing reach across Indonesian consumers.

TypeDirect peer
Description

Vacation rental marketplace focused on whole-home stays, part of the Expedia Group. Directly comparable to Travelio on marketplace mechanics and short-term stay inventory aggregation, with overlap on the villa and apartment categories Travelio serves.

TypeBroad incumbent
Description

Asia-focused online travel platform with strong Indonesia presence, offering hotels, vacation rentals, and flights. Competes with Travelio in the accommodation booking space while operating as a broad incumbent across multiple travel verticals.

TypeRegional player
Description

Asia-focused hotel and rental network operating in Indonesia with standardized budget and mid-range inventory. Comparable to Travelio on hospitality-standardization differentiation and on serving budget-conscious Indonesian travelers and corporate clients.

TypeRegional player
Description

Singapore-headquartered budget hotel network with significant operations across Indonesia. Comparable to Travelio on standardized hotel inventory, mid-market price points, and Southeast Asian expansion strategy targeting similar customer segments.

TypeEmerging player
Description

Southeast Asian hotel aggregator operating in Indonesia with a network of standardized budget hotels. Comparable to Travelio on hospitality-standardized mid-market accommodation offerings across Indonesian secondary cities.

TypeBroad incumbent
Description

Global online travel platform with a major vacation rental segment. Competes with Travelio for Indonesian short-stay bookings while offering an unmatched breadth of global listings and a strong Indonesian-language presence.

TypeEmerging player
Description

Indonesia-focused home rental startup operating in Jakarta and Bali with furnished apartment and villa inventory. A direct emerging competitor to Travelio in the Indonesian furnished-rental segment, overlapping on property types and target customers.

TypeRegional player
Description

Indonesia's largest property listing portal covering sales and rentals across the country. Comparable to Travelio on Indonesian residential property discovery and on the apartment rental and purchase verticals Travelio serves through its Beli product.

Market position
Strengths1 record

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration4 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors16 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Travelio

Online Property Rental Marketplacetravelio.com

Travelio is an Indonesia-headquartered online marketplace for short- and long-term rentals of apartments, houses, villas and hotels across 17+ cities, also facilitating property sales and a planned rent-to-own vertical for individual renters, corporate clients, and property owners.

What Travelio does

Travelio is an Indonesia-headquartered online property rental and sales marketplace founded in 2015 and operating as a private company (legal entity PT. Horizon Internusa Persada). The platform aggregates furnished and unfurnished inventory — apartments, houses, villas, hotel residences, shophouses (ruko), and boarding houses (kost) — across 17 or more Indonesian cities including Jakarta, Bandung, Surabaya, Yogyakarta, Medan, Bali, Makassar, Semarang, Malang, Tangerang, Bogor, Depok, Karawang, and Bekasi, with supporting operations in Solo, Wonosobo, and Situbondo. Travelio supports daily, monthly, and yearly rental durations, with pricing denominated in Indonesian Rupiah starting from approximately IDR 1,000,000 per month for entry units. The platform combines a self-serve consumer marketplace (web, iOS, Android) with a dedicated enterprise channel (Corporate Housing), a third-party property management partner program (TPM Partners) for property owners, a professional property-management sub-brand (Travelio Realty), and a buy/sell property brokerage service (Jual Beli Apartemen).

Travelio's revenue model spans four streams: transaction fees on completed rental bookings, recurring subscription-style billing for monthly and annual rentals (with installment options that do not require credit cards), managed-services fees from professional property management (linen, cleaning, room-boy services), and transaction fees on property sales. Distribution is omnichannel Indonesian-domestic, leveraging the website and mobile apps for self-serve consumer acquisition, SEO content marketing (Travelio Blog), organic and paid social (Facebook, Twitter, Instagram, LinkedIn, TikTok), email/newsletter promotional programs, and seasonal/event-driven promotions such as staycation deals with discounts up to 30%. The technology stack is a typical web-plus-native-mobile property rental platform with social login (Google, Facebook), OTP verification via SMS and WhatsApp, and standardized hospitality-quality scoring across properties, but no public-facing API, SDK, or MCP was disclosed.

In April 2023 the company closed a Series C round led by a Korean financial group with participation from 500 Global, AppWorks, KTB Ventures, ORZON Ventures, Pavilion Capital, and Thai strategic investor PTT Oil and Retail Business Public Company. Capital is allocated to launching a rent-to-own vertical addressing low homeownership among Indonesian middle-class millennials and to expanding the city footprint. Headcount sits in the 501-1000 range based on company-provided firmographics; revenue and valuation figures are undisclosed across sources.

Travelio firmographics

Firmographics
Name
Travelio
Legal name
PT. Horizon Internusa Persada
Website
https://travelio.com
Company type
Private
Founded year
2015
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Travelio is an Indonesia-headquartered online marketplace for short- and long-term rentals of apartments, houses, villas and hotels across 17+ cities, also facilitating property sales and a planned rent-to-own vertical for individual renters, corporate clients, and property owners.
Ownership category
akta.pro rank

Travelio industry classification

Industry
Product category
Online Property Rental Marketplace
SIC
Real Estate Agents & Managers (For Others) (6531), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)
akta.pro primary industry
Local/Regional Vacation Rental Marketplaces (Geo-Focused Platforms) (THAMALAL)

Keywords

  • Property rental marketplace
  • Apartment rental platform
  • Vacation rental services
  • Corporate housing solutions
  • Real estate marketplace

Where Travelio is headquartered

Location

Headquarters

HQ city
Jakarta
HQ country
Indonesia
HQ region
Asia

Offices17 records

Markets served

Travelio business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

  1. Property Rental Transactions: Travelio earns revenue by facilitating property rentals between property owners and tenants. The platform offers daily, monthly, and yearly rental options across apartments, houses, villas, and other property types. Revenue is generated through transaction fees and service charges on completed bookings.
  2. Corporate Housing Services: Dedicated program for corporate clients providing housing solutions for employees with account management and bulk booking capabilities.
  3. Property Management Services: Professional management of rental properties including standardized amenities, cleaning services, linen quality management, and room boy services for premium units.
  4. Property Sales (Beli): Facilitates apartment and property purchases through the platform, providing services from unit selection through key handover including showing requests, price negotiation support, and transaction processing.
  5. Rent-to-Own Services (planned): Planned new vertical to address low homeownership issues among middle-class millennials, combining rental payments with pathway to property ownership.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goDaily rental rates
SubscriptionMonthlyMonthly rental rates
SubscriptionAnnualAnnual rental rates
HybridMonthlyFully furnished vs unfurnished
Transaction based/ take ratePay-as-you-goProperty purchase/sale rates

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Travelio product offering

Product offering

Core offering

Travelio is an online marketplace that connects property owners with renters across 17+ Indonesian cities, offering apartments, houses, villas, hotels, boarding houses (kost), and shophouses for daily, monthly, and annual stays. The platform also provides professional property management with standardized amenities, a dedicated corporate housing program for enterprise clients, property sales services from unit selection through key handover, and a TPM Partner program for property owners to list and manage their units.

Product overview

Travelio operates as a unified property technology platform offering multiple interconnected rental and sales services. The core platform at Travelio.com serves as the marketplace where users can access apartment rentals (Sewa Apartemen), house rentals (Sewa Rumah Kontrakan), villa rentals (Sewa Villa), and hotel residence options. Supporting this is the TPM Partner Program for property owners to list units, Travelio Realty for professional property management, and a Buy/Sell Apartment service for property transactions. The platform recently announced expansion into rent-to-own with Series C funding. Corporate Housing serves business clients, while Staycation Deals provides promotional offerings for leisure travelers.

Differentiator

Problem solved

Functional benefit

Products and services

  • Travelio Property Rental Marketplace Online marketplace offering daily, monthly, and annual rentals of apartments, houses, villas, hotels, boarding houses (kost), and shophouses (ruko) across 17+ Indonesian cities with fully furnished, semi furnished, and unfurnished options for individual consumers and families seeking flexible housing.
  • Corporate Housing Program Dedicated enterprise program providing housing solutions for employees with account management and tailored arrangements for companies managing temporary assignments, relocations, and recurring workforce housing needs across Indonesian cities.
  • Property Sales (Buy/Sell Apartments) End-to-end apartment purchase service facilitating unit selection, viewing requests, price negotiation support, transaction processing, and key handover for buyers seeking to purchase residential properties through the Travelio platform.
  • Hotel Residence Exclusive offering that transforms hotel rooms into residential living spaces, combining hotel amenities with home-like comfort for longer-stay renters across Indonesia.
  • TPM Partner Program Third-party property management partner program enabling property owners to list their rental or sale units on the Travelio platform for professional listing, management, and rental income generation.
  • Travelio Realty Professional property management brand under Travelio providing standardized management services for rental properties, including amenities, linen quality management, cleaning, and room boy services for premium units.

Quantifiable outcome

  • Series C funding secured to expand rent-to-own vertical and geographic coverage
  • +3 more outcomes

Companies that use Travelio

Customer profile

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Travelio technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration4 records

Feature5 records

Travelio partnerships and signals

Strategic signal

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Travelio competitors and assessment

Company assessment

Direct peers

  • Airbnb: Global vacation rental marketplace operating in Indonesia alongside Travelio. Directly comparable on core marketplace model, host onboarding, and short-stay booking flows, though Airbnb operates at vastly larger scale across geographies and customer segments.
  • Vrbo: Vacation rental marketplace focused on whole-home stays, part of the Expedia Group. Directly comparable to Travelio on marketplace mechanics and short-term stay inventory aggregation, with overlap on the villa and apartment categories Travelio serves.

Broad incumbents

  • Traveloka: Indonesia's leading super-app for travel including flights, hotels, and accommodations. Competes with Travelio on accommodation bookings while offering a much broader product portfolio and significantly larger marketing reach across Indonesian consumers.
  • Agoda: Asia-focused online travel platform with strong Indonesia presence, offering hotels, vacation rentals, and flights. Competes with Travelio in the accommodation booking space while operating as a broad incumbent across multiple travel verticals.
  • Booking.com: Global online travel platform with a major vacation rental segment. Competes with Travelio for Indonesian short-stay bookings while offering an unmatched breadth of global listings and a strong Indonesian-language presence.

Regional players

  • OYO Rooms: Asia-focused hotel and rental network operating in Indonesia with standardized budget and mid-range inventory. Comparable to Travelio on hospitality-standardization differentiation and on serving budget-conscious Indonesian travelers and corporate clients.
  • RedDoorz: Singapore-headquartered budget hotel network with significant operations across Indonesia. Comparable to Travelio on standardized hotel inventory, mid-market price points, and Southeast Asian expansion strategy targeting similar customer segments.
  • Rumah123: Indonesia's largest property listing portal covering sales and rentals across the country. Comparable to Travelio on Indonesian residential property discovery and on the apartment rental and purchase verticals Travelio serves through its Beli product.

Emerging players

  • Zenrooms: Southeast Asian hotel aggregator operating in Indonesia with a network of standardized budget hotels. Comparable to Travelio on hospitality-standardized mid-market accommodation offerings across Indonesian secondary cities.
  • Flokq: Indonesia-focused home rental startup operating in Jakarta and Bali with furnished apartment and villa inventory. A direct emerging competitor to Travelio in the Indonesian furnished-rental segment, overlapping on property types and target customers.

Market position

Strengths1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Travelio social profiles

Digital presence

Travelio financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Travelio leadership team

Management profile

Number of profiles

Profiles4 records

Travelio funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors16 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Travelio M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Travelio

What does Travelio do?

Travelio is an online marketplace that connects property owners with renters across 17+ Indonesian cities, offering apartments, houses, villas, hotels, boarding houses (kost), and shophouses for daily, monthly, and annual stays. The platform also provides professional property management with standardized amenities, a dedicated corporate housing program for enterprise clients, property sales services from unit selection through key handover, and a TPM Partner program for property owners to list and manage their units.

Is Travelio a public or private company?

Travelio is a private company. It is classified as venture growth investor backed and is currently operating.

When was Travelio founded?

Travelio was founded in 2015. It employs 501 to 1,000 people.

Where is Travelio based?

Travelio is headquartered in Jakarta, Indonesia, in the Asia region.

How does Travelio make money?

Five revenue lines are on record. Property Rental Transactions are the primary driver. The others are corporate Housing Services, property Management Services, property Sales (Beli) and rent-to-Own Services (planned).

Who are Travelio's main competitors?

Direct peers on record are Airbnb and Vrbo. Broad incumbents are Traveloka, Agoda and Booking.com. Regional players are OYO Rooms, RedDoorz and Rumah123. Emerging players are Zenrooms and Flokq.

Does Travelio have an API?

No public API is recorded for Travelio.

What industry is Travelio in?

Travelio's product category is Online Property Rental Marketplace. Its primary akta.pro industry code is THAMALAL, Local/Regional Vacation Rental Marketplaces (Geo-Focused Platforms). Its SIC code is 6531.

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Live signals
IncubeesKorean financial group led undisclosed Series C funding for home rental startup Travelio – IncubeesA Korean financial group led a Series C up-round for Indonesia-based home rental startup Travelio, with participation from investors including DAOL Ventures, PTTOR, and 500 Global’s Orzon Ventures. The company plans to use the undisclosed funds to launch a new rent-to-own vertical aimed at addressing low homeownership among middle-class millennials. Travelio currently manages over 15,000 properties across 12 Indonesian cities.Tech in AsiaTravelio, ‘Indonesia’s Airbnb,’ expands to rent-to-own with new fundingIndonesian proptech startup Travelio has closed a Series C funding round led by an undisclosed South Korean financial group to expand into the rent-to-own market. The company manages 15,000 properties across 12 Indonesian cities and aims to address low homeownership rates among middle-class millennials through this new initiative.TNGlobalIndonesia’s Travelio raises an undisclosed Series C funding led by a large Korean financial groupIndonesia-based home rental startup Travelio has secured a Series C funding round led by a large Korean financial group, with participation from DAOL Ventures, Orzon Ventures, Appworks, and Temasek’s Pavilion Capital. The company plans to use the new capital to launch a rent-to-own vertical aimed at addressing housing affordability for middle-class millennials in Indonesia. Travelio currently manages over 15,000 properties across 12 cities and expects to achieve adjusted EBITDA positivity by the end of the year.e27Korean VCs, Orzon invest in Indonesian proptech group TravelioIndonesian proptech group Travelio secured funding in a Series C extension round led by an unnamed Korean financial group, with participation from DAOL Ventures, Orzon Ventures, Appworks, and existing backer Pavilion Capital. The startup plans to utilize the undisclosed funds to expand into new Indonesian cities and launch a rent-to-own vertical aimed at middle-class millennials.Latest business news media headlines platform todaySecuring a Series C funding round, Travelio to expand the rent-to-own business sector HeaptalkIndonesian property technology platform Travelio has secured a Series C funding round led by a Korean-based financial group, with participation from strategic investors including DAOL Ventures, Orzon Ventures, PTTOR, 500 Global, Appworks, and existing investor Pavilion Capital. The company plans to utilize the undisclosed capital to launch a new rent-to-own business vertical aimed at addressing homeownership challenges for middle-class millennials in Indonesia.TechCrunchIndonesia’s Travelio raises $18M to help tenants rent apartmentsIndonesian apartment rental startup Travelio has raised $18 million in a Series B funding round led by Singapore-based Pavilion Capital and Gobi Partners, with participation from existing investors. The four-year-old platform works with individual apartment owners and property dealers to offer fully furnished rentals with flexible pricing, addressing Jakarta's reported 50%+ residential vacancy rate and the traditional requirement of large down payments and year-long security deposits. The startup currently lists over 4,000 properties and plans to expand to 20,000 apartments within a year while exploring additional services including interior design, financing, and logistics.