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Hosting management platform Airsorted raises £5 million to fuel global expansion

Airsorted, a hosting management specialist, has raised £5 million in Series A funding.

Investors in the round for the London-based company include Pi labs and Atami Capital.

The company, whose total funding stands at £6.5 million following a previous seed round, says it has managed more than 3,000 properties and £25 million in bookings across platforms including Airbnb, Expedia, Booking.com and HomeAway.

It has also launching a crowdfunding campaign on Seedrs with a target of raising £1 million.

The new funds will go towards expanding the company globally with a plan to expand into 38 new cities by the end of 2019.

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