Powering Hospitality Growth: CozySuites Secures $5.0M financing from Hum Capital
Funds raised
Powering Hospitality Growth: CozySuites Secures $5.0M financing from Hum Capital
Company: CozySuites
Funding secured: $5.0 million
Use of Proceeds: Refinance and Acquisition Financing
Hum Capital proudly announces a new partnership with CozySuites, a hospitality technology company redefining short-term rentals. To support its rapid growth, CozySuites secured a $5.0 million facility through Hum’s Intelligent Marketplace.
The $5.0 million facility enables CozySuites to refinance its existing debt stack and drive accelerated revenue growth through the addition of new properties as well as acquisitions of industry competitors.
About Cozy Suites
CozySuites is building the premier urban hospitality brand by investing in its people, leveraging technology, and achieving operational excellence to deliver outstanding experiences for guests and exceptional results for its owners. CozySuites operates over ~1,000 units in 14 markets across the country, and is positioned for continued growth within its industry.