Neu was in bother when the COVID-19 pandemic hit earlier this yr. The corporate’s enterprise, which offers cleansing companies to Airbnb hosts, dried up seemingly in a single day. The Seattle startup furloughed its operations staff and needed to re-evaluate its whole roadmap.
However as trip rental bookings began to get better, Neu bounced again. It added masks, gloves, and disinfectants into its provide chain, and ensured that it met Airbnb’s new enhanced cleansing protocols.
“Finally, we persevered and the pandemic pressured our firm to evolve to greatest cater to the wants of our prospects and acknowledge ways in which we may do extra,” mentioned Neu co-founder Kwame Boler.
Now the Techstars Seattle graduate has recent capital to gasoline progress. Neu simply raised a $700,000 spherical led by New Stack Ventures. Techstars and MTT Ventures additionally participated, together with particular person buyers together with Rudy Gadre, Forest Key, Adam Brownstein, Brian Saab, Greg Greely, and Bob Crimmins.
The money can be utilized in half to assist Neu broaden to Scottsdale, Az. later this yr.
Puget Sound Enterprise Journal first reported the brand new funding.
Neu is targeted on trip leases however has its sights on a a lot bigger imaginative and prescient of concentrating on different verticals corresponding to business and residential.
“At present, we’re disrupting the holiday rental business, however inevitably, we’ll construct the world’s largest cleansing platform,” Boler mentioned.
Neu participated in the latest Techstars Seattle cohort. Boler and his co-founder Claudius Mbemba have been among the many finalists for Younger Entrepreneur of the Yr at this yr’s GeekWire Awards. Neu was additionally a part of GeekWire’s Elevator Pitch sequence in 2018.
The 9-person firm has raised $800,000 thus far.