LT Law Bulgaria Advises Quendoo on Two Funding Rounds
LT Law Bulgaria advised the innovative hotel and vacation property management platform Quendoo on two successful funding rounds, supporting the company’s growth and expansion in Bulgaria’s fast-growing tech and hospitality industry.
In the first round, Quendoo secured €750,000 from Vitosha Venture Partners. The second round raised over €1 million, led by Capital Investments Fund (CIFund), the growth investment arm of the state-owned Bulgarian Development Bank (BDB), alongside Vitosha Venture Partners.
Quendoo (www.quendoo.com) is a cutting-edge digital platform for hotel and vacation rental management, enabling property owners and hoteliers to efficiently manage reservations, payments, inventory, marketing, and distribution channels through a single dashboard.
LT Law provided comprehensive legal support, covering corporate law, commercial law, intellectual property (IP), IT law, and employment law, ensuring that both funding rounds were structured efficiently and fully compliant with Bulgarian regulatory requirements.
The team was led by Liliya Tsontcheva, a recognized expert in startup financing, venture capital, and tech investment transactions in Bulgaria, reinforcing LT Law’s position as a leading firm for venture funding and corporate legal advisory in the Bulgarian tech ecosystem.