Tel Aviv-based Splacer, an online platform for people to list, discover, and book short-term creative event spaces, raised $1.4 million in seed funding led by Carmel Ventures, with the participation of angel investors Shlomo Kramer, Sam Ben Avraham, and Eyal Shaked. The funds will be used to launch the marketplace in New York.

If Airbnb turned homes into hotels, Splacer lets people transform their personal spaces into event venues for their own local community. Splacer is a community marketplace that brings together people who own unique spaces, with people who are looking to create event experiences such as meetings, workshops, parties and exhibitions.

“We spend the majority of the money we have on space,” Lihi Gerstener, Splacer’s co-founder and chief operating officer, told the New York Business Journal. “Office space, living space. Space is super expensive, so why don’t we share it, and why don’t we make more money out of it?”

Splacer was co-founded in Tel Aviv in 2014 by Israeli architects Adi Biran and Lihi Gerstner, and CTO Lior Ash.

Founded in 2000, Carmel Ventures manages over $800 million across four funds and is considered on of Israel’s top tier VC firms.

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