The Raise Projects

What The Raise Projects does

The Raise Projects is a privately held short-term rental property management company founded in 2018 in Athens, Greece, by three co-founders who built the business around a 'short-term smart rental model.' The company operates a dual-sided marketplace: on the supply side it provides full-service property management for property owners and investors, handling hospitality, occupancy management, and guest satisfaction with the stated objective of maximizing rental income; on the demand side it curates and rents a portfolio of high-quality studios, one-bedroom and two-bedroom apartments, mountain retreats, and island getaways to business travelers, digital nomads, and leisure guests. Operations span 16 destinations across Greece and Cyprus, including Athens, Athens Riviera, Piraeus, Thessaloniki, Heraklion, Nafplio, Parnassos, Euboea, Alexandroupolis, Spetses, Naxos, Corfu, Larisa, Limassol, Nicosia, and Paphos.

The core technology stack is not publicly detailed; the company runs its owner operations on the third-party Loggia property management platform (owners.loggia.gr) and books guests through its own website (theraiseprojects.com). Ancillary services — airport transfers via a partnership with Welcome Pickups, flexible early check-in/late check-out, and welcome baskets — extend the offering beyond pure accommodation. Distribution is direct-to-consumer through the company's website booking funnel and email newsletter, with property owner acquisition handled via direct outreach and a dedicated owners area. Pricing is not publicly disclosed and is handled through contact-based quoting for owners and per-stay rates for guests.

The business is founder-owned with no disclosed institutional investors, funding rounds, parent company, or subsidiary structure. Headcount is in the 1–10 range, and there are no disclosed patents, trademarks, certifications, or industry awards. Revenue is generated through management fees/commissions on managed properties, guest booking fees, and ancillary service transactions. The company is privately held, operating, and based in Greece with no app presence and no public API or SDK offering.

Name

The Raise Projects

Legal name

The Raise Projects

Website

https://theraiseprojects.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

The Raise Projects is a privately held, Athens-based short-term rental property management company founded in 2018. It manages a curated portfolio of apartments, mountain retreats, and island getaways across 16 destinations in Greece and Cyprus for owners, while serving business travelers, digital nomads, and leisure guests.

Ownership category

akta.pro rank

Product category

Short-Term Rental Property Management

NAICS

Accommodation (721), Traveler Accommodation (7211), Rental and Leasing Services (532)

SIC

Services-Facilities Support Management Services (8744), Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Short-Term Rental (STR) Management for Individual Hosts (BPAJAIAB)

Keywords

• Short-term rentals
• Property management
• Vacation rentals
• Serviced apartments
• Passive income

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property Management Services: Revenue generated through managing short-term rental properties for owners and investors. The company takes a management fee or commission from rental income while providing property management, guest services, and occupancy optimization.
2. Guest Booking Services: Revenue from facilitating short-term rental bookings for travelers across their property portfolio.
3. Ancillary Guest Services: Additional revenue from services such as airport transfers, early check-in/late check-out, and welcome baskets.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

The Raise Projects manages a curated portfolio of short-term rental properties (studios, one-bedroom and two-bedroom apartments, plus mountain and island retreats) across 16 destinations in Greece and Cyprus for travelers, while providing full-service property management, occupancy optimization, and guest hospitality services to property owners and investors seeking passive rental income. Ancillary guest services include airport transfers, flexible early check-in/late check-out, and welcome baskets.

Product overview

The Raise Projects is a short-term rental property management company offering a portfolio of high-quality rental properties across Greece and Cyprus. The core offering comprises vacation rental properties including studios, one-bedroom, and two-bedroom apartments in urban centers, as well as mountain retreats and island getaways. The company operates a dual-sided marketplace model: managing properties for owners and investors to maximize their rental income, while providing travelers with curated accommodation options. Additional services include airport transfers (via Welcome Pickups), early check-in/late check-out options, and welcome baskets to enhance the guest experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Short-Term Rental Properties Curated portfolio of high-quality short-term rental apartments and retreats (studios, one-bedroom, and two-bedroom apartments in city centers, plus mountain retreats and island getaways) across 16 destinations in Greece and Cyprus, available for travelers to book via the company's website.
• Property Management for Owners Full-service short-term rental property management for property owners and investors in Greece and Cyprus, covering hospitality, occupancy optimization, guest satisfaction, and revenue maximization to generate passive rental income.
• Airport Transfers Airport transfer booking service with professional drivers, available to guests via the Welcome Pickups platform with exclusive discounts and promotions for The Raise Projects guests.
• Early Check-in / Late Check-out Flexible arrival and departure option allowing guests to check in before standard time or check out later than standard time, available for an additional charge.
• Welcome Basket Curated welcome baskets containing snacks, beverages, and other goodies delivered to guests upon arrival to enhance the stay experience at The Raise Projects properties.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

One partnership is on record.

• Welcome PickupsminorOthersThird-party airport transfer service provider integrated into The Raise Projects platform. Allows guests to book reliable airport transportation with professional drivers. The service offers exclusive discounts and promotions for The Raise Projects guests, enhancing the overall travel experience.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Vrbo: Expedia-owned vacation rental marketplace with strong family/group travel positioning. Major distribution and competitive incumbent in the same short-term rental category.
• Airbnb: Global short-term rental marketplace and the primary distribution channel for Raise Projects. Broad incumbent in the same category that also offers adjacent host services.
• Booking.com: Largest online travel agency globally with a heavy short-stay apartment inventory. Key distribution channel and broad competitive incumbent for the same Greek/Mediterranean traveler.

Direct peers

• Sonder: Tech-enabled serviced apartment and short-stay operator running curated apartment inventory in multiple cities. Direct comparison in product (apartments), customer (short-stay travelers) and business model (operate-and-manage).
• Sweet Inn: Operates serviced apartments and boutique apart-hotels across European cities, including Mediterranean destinations. Comparable product offering (apartments) and target customer (short-stay travelers seeking home-like stays).
• Vacasa: Large-scale vacation rental property manager that handles pricing, marketing, cleaning and guest experience for owners. Highly comparable to the owner-facing property management service Raise Projects sells.
• Plum Guide: Curated, design-led vacation rental platform that vets homes on quality. Closely comparable to Raise Projects' curated-quality brand positioning and traveler-facing direct-booking model.
• Evolve Vacation Rental: Full-service vacation rental manager serving owners across the US and selected international markets. Comparable owner-facing management model with curated property approach.
• Blueground: Operates a global portfolio of furnished, serviced apartments on multi-month stays. Highly comparable to Raise Projects' serviced-boutique apartment model and dual-sided owner/traveler pitch, though at materially larger scale and broader geographic footprint.

Regional players

• Aria Hotels: Greek boutique hotel and villa collection operator. Direct competitor for the Greek luxury/curated short-stay traveler, overlapping with Raise Projects' premium positioning across Greek destinations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/theraiseprojects

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about The Raise Projects