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§ Private Profile · 450 Lexington Ave Office Number 4.228 New York, NY 10017, USA
Mint House is a technology company.
Mint House develops and operates technology-enabled accommodations, offering furnished apartments that merge residential comfort with hotel amenities. The company employs a tech-forward hospitality model, providing consistent, high-quality experiences for business and extended stays. This approach integrates smart technology and personalized services for modern traveler preferences.
Founded in 2017 by serial entrepreneur Will Lucas, Mint House originated from an identified need in the corporate travel market. Lucas recognized business travelers desired accommodations with more space and residential conveniences than traditional hotels. This insight established a new lodging category blending apartment living with professional hospitality.
Mint House primarily serves corporate clients and individual business travelers seeking an elevated and convenient experience. The product provides environments suitable for work and relaxation, offering a distinct alternative to standard hotel rooms. Its long-term vision is to establish a new standard in premium business travel with scalable hospitality solutions.
Mint House has raised $68.0M across 3 funding rounds.
Mint House has raised $68.0M in total across 3 funding rounds.
Mint House has raised $68.0M in total across 3 funding rounds.
Mint House's investors include Allen Smith, Allegion Ventures, Centerfire Capital LLC, Interlock Partners, NextView Ventures, Revolution, Scale Venture Partners, Tola Capital, Touchdown Ventures, Robert Stewart, R. Todd Mackey, Ingleside Investors.
Mint House has raised $68.0M across 3 funding rounds. Most recently, it raised $35.0M Series B in May 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2022 | $35M Series B | Allen Smith | Allegion Ventures, Centerfire Capital LLC, Interlock Partners, NextView Ventures, Revolution, Scale Venture Partners, Tola Capital, Touchdown Ventures, Robert Stewart, R. Todd Mackey, Ingleside Investors, Tige Savage | Announced |
| Mar 1, 2021 | $18M Series A | — | Allegion Ventures, Scale Venture Partners, Tola Capital | Announced |
| May 1, 2019 | $15M Series A | Philippe Bourguignon | Allegion Ventures, Cathay Innovation, Centerfire Capital LLC, Great Oaks Venture Capital, Innovation Endeavors, Interlock Partners, Makers Camp, Montage Ventures, NextView Ventures, NFX, Pear VC, Revolution, RRE Ventures, Techstars, Touchdown Ventures, UpHonest Capital, WestCap, R. Todd Mackey, Robert Stewart, Carl Sparks, Kerry Hatch, Thomas Mangas, Ingleside Investors, Nelstone Ventures | Announced |
Mint House is a tech-enabled hospitality company offering apartment-style accommodations that blend the comforts of home with hotel conveniences, targeting high-end business travelers and digital nomads on "bleisure" trips.[1][2][5] Founded in 2017 and headquartered in New York, it operates 12 properties across 9-10 U.S. cities including New York, Miami, Nashville, Philadelphia, and Madison, with tech features like automated check-in, virtual support, 24/7 digital concierge, full kitchens, and sustainable designs reflecting local culture.[1][2][3][5] The company has raised about $85M from venture firms like Mohari Hospitality and Revolution Ventures, plus executives from hospitality giants, enabling growth in short-term rentals and hotel hybrids.[2]
It solves the problem of rigid traditional hotels by providing flexible, home-like stays with reliable tech for seamless access and operations, serving extended-stay travelers who need routine living essentials on the road.[1][2][3] Growth momentum includes scaling to multiple downtown hubs, integrating tools like RemoteLock for access control and Mews for automation, and plans for further expansion.[1][3]
Mint House was founded in 2017 in New York by a team backed by seasoned venture partners and hospitality executives from brands like Four Seasons.[1][2][6] The idea emerged to redefine travel for modern business professionals, combining apartment-style lodging with tech-driven hotel operations amid rising demand for flexible, home-like stays post-traditional hotel limitations.[1][2][4]
Early traction came from financing by top VCs in hospitality and real estate, allowing rapid rollout to 12 properties in key cities.[1][2][3] Pivotal moments include adopting scalable tech like RemoteLock for diverse building types, ensuring reliable guest access as the core of operations, which supported hybrid short-term rental models and consistent experiences across markets.[3]
Mint House rides the wave of hospitality tech disruption, fueled by digital travelers demanding "bleisure" options amid remote work's permanence and short-term rental booms like Airbnb's evolution.[2][3] Timing aligns with post-pandemic shifts to hybrid work-travel, where business guests seek longer, home-like stays over cookie-cutter hotels, amplified by proptech advances in access control and automation.[1][3]
Market forces favoring it include urban revitalization in downtowns, VC interest in scalable hospitality models, and demand for sustainable, tech-reliant operations that cut costs via software like RemoteLock.[2][3][6] It influences the ecosystem by proving tech hybrids can standardize premium short-term rentals, inspiring competitors to prioritize access reliability and guest autonomy in a fragmented $100B+ U.S. lodging market.[1][3]
Mint House is poised for aggressive expansion beyond its 12 properties, leveraging its $85M war chest and tech stack to enter more cities and test features like smart climate control.[1][2][3] Trends like AI-driven personalization, further remote work normalization, and proptech consolidation will shape its path, potentially boosting margins through data-optimized operations.
Its influence may grow by setting benchmarks for reliable, scalable access in multi-property portfolios, evolving from niche player to major hospitality innovator as investor backing from tech-hospitality crossovers deepens. This positions Mint House to capture more of the tech-enabled lodging shift it pioneered for high-end travelers.[2][6]