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Life House secures $100 million in equity

Venture backed hotel brand Life House has secured $100 million in equity capital from Blue Flag Partners to acquire ten additional hotels.

  • What they do: The hospitality startup combines the social aspect of staying in a hostel with the amenities of staying in a hotel. After booking, individuals can access a social network through its platform that allows guests to connect with roommates for their stay.
  • Current Portfolio: Four operating hotels in Miami and Nantucket (CPE+CrunchBase)

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