Minut

2022 Series B Hardware Raised $14,000,000
Industry
Hardware
Stage
Series B
Raised
$14,000,000

Company Overview

Minut helps individuals in particular, owners of vacation rentals to keep their house secure using a smart, camera-less monitor. The company envisions itself as a virtual co-host, supporting hosts in preventing parties, enhancing guest experience and protecting their homes.Minut started in 2014 when four Swedish engineers Fredrik, Marcus, Martin and Nils, flew out to China to build an Airbnb monitor. The Malm-based startup developed a sensor that monitors noise, occupancy, motion and temperature in vacation rental properties. Since then, the company has grown to over 56 employees and an estimated $10M in revenue.In April 2022, Minut announced it raised an oversubscribed $14M Series B round led by Almaz Capital with the participation of Zenith, Kompas, Verve Ventures, Swiss Immo Lab as well as existing investors including Karma, SOSVs HAX, and KPN Ventures. Heres a peek at the pitch deck that helped raise 12.6 million for Minuts rental monitoring solution.

Business Model

SaaS

Customer Model

B2C

Pitch Deck

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