Stay365 Chosen for Newchip’s Intensive Global Pre-Seed Accelerator Program
Blockchain-focused rentals marketplace for digital nomads among top applicants selected for Newchips online accelerator
Poole, Dorset, United Kingdom, 19/09/2022 – Stay365, a one-platform solution for digital nomads to book short and long term rentals and hotels, experiences and find community, was accepted into Newchip’s renowned global accelerator program. Designed to provide all the skills and tools founders need to rapidly fund, build and scale their companies, past accelerator cohorts averaged more than 17.5 times the average funding amount. The equity-free, fully digital accelerator has helped over 1,500 founders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9B.
“Newchip evaluates a diverse number of companies across all industries from around the world, selecting a small percentage to join our accelerator,” says Armando Vera Carvajal, Vice President of Product at Newchip. “This strict selection process makes us an ideal partner for investors looking for promising start-ups. Web3 companies like Stay365 can scale quickly with proper funding and guidance. We are excited for Stay365 and believe they will do well at Newchip.”
“Being accepted into the Newchip Accelerator, we are excited to connect with investors from across the globe with an acute interest in the intersection of blockchain technology and travel.” says Josh, Co-Founder and COO “We’re already receiving strong support from our community and are looking forward to scaling our reach to the millions of digital nomads being onboarded to web3.”
About Stay365
Stay365 is a peer-to-peer short- and long-term rentals and experiences marketplace and consumer PropTech firm, empowering digital nomads to travel and live better through the blockchain.
Founded by Josh Williams and Paul Pressland, a successful property investor and founder of the Ant Group, Stay365 is tackling frustrating pain points in both peer-to-peer marketplaces and property rental, while innovating using the latest blockchain technology.
Stay365 is on a mission to overhaul the way properties are rented, providing clear benefits for tenants, landlords and estate agencies.
If you’re interested in learning more, you can sign up to Stay365 at https://stay365.com
About Newchip
Newchip is an online, global startup accelerator led by a world-class team of entrepreneurs and investors. It was designed to provide founders with the tools needed to rapidly fund, build, and scale. Since its inception in 2019, the equity-free, remote accelerator has enabled over 1,500 start-ups from 50+ countries to raise over $450 million in funding with an estimated $9B portfolio. It has three distinct six-month accelerator programs based on company stage: Pre-Seed, Seed, and Series A. Its vast network of global investors, strategic partners, and mentors guide companies from team building and prototype development to securing high-profile VC investment, corporate partnerships, and everything in-between. To learn more, visit https://launch.newchip.com.
