📱 StayFi launches | Simplifying WiFi management for short-term rental owners

~/AAQRxQA~/RgRkqt3eP0StaHR0cHM6Ly9yZXB1YmxpYy5jb20vc3RheWZpP3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9c3RheWZpX0JfMV8zJnV0bV90ZXJtPUJXA3NwY0IKYrPeWMhiVFrhu1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO StayFi launches on Republic Helping professional vacation rental hosts get more direct bookings [Learn about StayFi](~/AAQRxQA~/RgRkqt3eP0StaHR0cHM6Ly9yZXB1YmxpYy5jb20vc3RheWZpP3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9c3RheWZpX0JfMV8zJnV0bV90ZXJtPUJXA3NwY0IKYrPeWMhiVFrhu1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) Highlights - 480+ STR (short-term rental) customers in 5K+ homes - Business Model: one-time hardware sale & recurring revenue subscription - Bootstrapped to $220K+ ARR (as of Feb. 2022) - 13% MoM growth in 2021 - ~$450K annual revenue in 2021 - 2021 VRMB Keystone Award [Winner](~/AAQRxQA~/RgRkqt3eP0TIaHR0cDovL2NsaWNrcy5yZXB1YmxpYy5jby9mL2EvYlNCaHBROExFSWNZNFZLTFoycFc5d35-L0FBUVJ4UUF-L1JnUmtxY3NpUDBReWFIUjBjSE02THk5M2QzY3Vkbkp0WWk1amIyMHZhMlY1YzNSdmJtVXRZWGRoY21SekxYZHBibTVsY25NdE1qQXlNUzlYQTNOd1kwSUtZck1pUnNkaU5YV1R0MUlSYldGeWFXRkFjbVZ3ZFdKc2FXTXVZMjlZQkFBQUFjNH5XA3NwY0IKYrPeWMhiVFrhu1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) – WiFi Marketing - $200K from seed investors, including [Georgetown Angel Investor Network](~/AAQRxQA~/RgRkqt3eP0S4aHR0cDovL2NsaWNrcy5yZXB1YmxpYy5jby9mL2EvQWNLX0x3VFlPcko0MEJMU1N5MXI3d35-L0FBUVJ4UUF-L1JnUmtxY3NpUDBRbmFIUjBjSE02THk5M2QzY3VaMlZ2Y21kbGRHOTNibUZ1WjJWc2JtVjBkMjl5YXk1dmNtY3ZWd056Y0dOQ0NtS3pJa2JIWWpWMWs3ZFNFVzFoY21saFFISmxjSFZpYkdsakxtTnZXQVFBQUFIT1cDc3BjQgpis95YyGJUWuG7Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~), Founder & CEO of [The Platinum Experience](~/AAQRxQA~/RgRkqt3eP0S4aHR0cDovL2NsaWNrcy5yZXB1YmxpYy5jby9mL2EvOFdlTGljN0JLWlV5UzNRM0lINE1wZ35-L0FBUVJ4UUF-L1JnUmtxY3NpUDBRbGFIUjBjSE02THk5d2JHRjBhVzUxYlhKbGJuUmhiR1Y0Y0dWeWFXVnVZMlV1WTI5dEwxY0RjM0JqUWdwaXN5Skd4MkkxZFpPM1VoRnRZWEpwWVVCeVpYQjFZbXhwWXk1amIxZ0VBQUFCemd-flcDc3BjQgpis95YyGJUWuG7Uht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAc4~) (Large Vacation Rental Company), [PropTech Seed Fund](~/AAQRxQA~/RgRkqt3eP0SkaHR0cDovL2NsaWNrcy5yZXB1YmxpYy5jby9mL2EvUmNFVDV5MUQ5SEVuUDlKTm1sdzdIQX5-L0FBUVJ4UUF-L1JnUmtxY3NpUDBRWGFIUjBjSE02THk5d2NtOXdkR1ZqYUhaakxtTnZiUzlYQTNOd1kwSUtZck1pUnNkaU5YV1R0MUlSYldGeWFXRkFjbVZ3ZFdKc2FXTXVZMjlZQkFBQUFjNH5XA3NwY0IKYrPeWMhiVFrhu1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) StayFi wants to make short-term rental companies more profitable. Their guest engagement platform collects valuable marketing data through branded WiFi which helps to increase direct bookings—all while providing a better WiFi experience for vacation rental guests. [View StayFi on Republic](~/AAQRxQA~/RgRkqt3eP0StaHR0cHM6Ly9yZXB1YmxpYy5jb20vc3RheWZpP3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9c3RheWZpX0JfMV8zJnV0bV90ZXJtPUJXA3NwY0IKYrPeWMhiVFrhu1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) 2021 growth supported by dual business model In December of 2021, StayFi surpassed $72K in monthly hardware sales—their highest month of the year—up from ~$36K in November. Their monthly recurring revenue (“MRR”) for 2021 was 13%, pulling in just under $450K in total revenue for the year. As they add more properties to their StayFi accounts, the MRR from each cohort of customers grows 2-3X over 12 months. StayFi not only earns revenue on their hardware products ($100 average per device –15% margin), but they also charge a monthly subscription fee of $3–$6 per month to their customers, realizing an 85% margin. ~/AAQRxQA~/RgRkqt3eP0StaHR0cHM6Ly9yZXB1YmxpYy5jb20vc3RheWZpP3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9c3RheWZpX0JfMV8zJnV0bV90ZXJtPUJXA3NwY0IKYrPeWMhiVFrhu1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO Image provided by StayFi [Learn how to invest in StayFi here »](~/AAQRxQA~/RgRkqt3eP0StaHR0cHM6Ly9yZXB1YmxpYy5jb20vc3RheWZpP3V0bV9zb3VyY2U9cmVwdWJsaWMuY28mdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249b2ZmZXJpbmdzJTJGbGF1bmNoX2Fubm91bmNlbWVudF9tYWlsZXIub2ZmZXJpbmdfbGF1bmNoZWQmdXRtX2NvbnRlbnQ9c3RheWZpX0JfMV8zJnV0bV90ZXJtPUJXA3NwY0IKYrPeWMhiVFrhu1IbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAHO) Crowdfunding investments can result in total loss, and may be impossible to resell. 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