The early stage venture firm first invested in the company back in December 2011.
Rory Stirling, investment director, MMC Ventures, said, “We believe Love Home Swap is building a really impressive business in the social travel space. Swapping offers a truly unique value proposition and an additional layer of trust to users. The business has experienced nearly ten times growth since we first met the team a year ago and we continue to be really impressed with the speed of execution. MMC focus on backing British businesses that can succeed on a global scale – we have re-invested in Love Home Swap to continue building a best in class product and we think there is a significant global opportunity.”
Founded in 2000, MMC Ventures focuses on technology-enabled sectors, particularly financial and business services, business software, digital media and e-commerce.
MMC’s portfolio includes AlexandAlexa, Base79, Interactive Investor, Knowledge Mill and Reevoo.
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