Travelio is an online short to medium term home rental operator based in Indonesia.
Travelio provides customers with professionally managed properties ranging from apartments, villas and houses.
Travelio was founded in 2015 and is based in Jakarta, Indonesia.
Travelio rents out a whole unit instead of individual rooms. Customers can get access to properties with better value for money as accommodations offered are spacious, fully equipped with kitchen, bedroom and living room areas.
Travelio has more than 4,000 properties exclusively signed up with the platform, she said. The startup takes between 20% to 35% of the revenue cut from its property owner partners.
Travelio is backed by Pavilion Capital, Gobi Partners, Vynn Capital and others. The company raised $18M from a "Series B" financing on Nov 14, 2019. This new round brings Travelio's total funding to $22M to date.