SoftBank’s Capital NY fund has invested in short-term accommodation operator Domio as part of a Tribeca Venture Partners-led series A round.

US-based short-term accommodation operator Domio has received $12m in a series A round backed by SoftBank Capital NY, a venture capital fund operated by telecommunications group SoftBank, TechCrunch has reported.

Venture capital firm Tribeca Venture Partners led the round, which also featured seed fund Loric Ventures.

Founded in 2016, Domio markets properties for short-term rental through its online platform, focusing on ‘apartment hotels’ that combine the space of a multi-bedroom apartment with hotel-style amenities. It operates properties on a lease…