What is Búngaló

Búngaló is a website specialy designed to assist Icelandic families rent out there vacation homes. The system is created to be an intermediary between these families and people interested in staying in their properties. It is easy for a owner to register his property and Búngaló markets it to Icelandic and foreign travelers. The traveler at the same time can use Búngaló to get access to hundreds of properties and book them in a fast and easy way. This website is and will always be under development where we will continue to try and improve our service for our users.
Búngaló ehf.
PO Box 8443, 108 Reykjavík, Iceland
tel: 445-4444
info@bungalo.is
Haukur Gudjonsson (
haukur@bungalo.is )
Haukur is a self-educated programmer, entrepreneur and philosopher in his free time. He enjoys nothing more then seeing his ideas become a reality and create something that does good for the society. Haukur drinks an average of 6 cups of coffee a day.
Steinar Farestveit
Steinar is a critical designer who has an ambition to create a useful and comfortable experience for users. He is working towards becoming an expert in his field and he is very happy if he can save just a few minutes of discomfort for people through design. Steinar never has an unread message in his inbox.
Tryggvi Hallvarðsson
Tryggvi is known for having a good overview of everything he does and conducting all his affairs with honesty and tolerance. He has a powerful imagination and uses it to find good and practical solutions to every subject he faces. Tryggvi owns to many cars.
The Beginning

The idea was born the summer of 2009 when Haukur and Steinar decided to rent themselves a summerhouse but quickly realized that it was easier said then done. After having spent á whole day surfing the internet, looking through ads and calling there friends and family, they realized there was no easy way to find a summerhouse in Iceland. Instead of complaining about the situation they sat down and discussed what could be done to improve the situation, at that moment the idea of Búngaló was born.
Website launched

The website was officially launched on 10. march 2010. This was a very big moment for the founders as they had spent months on developing the site and this was the first step towards making there dream become a reality. But this was a beta version, which means that it worked but there was a lot of work yet to be done. Responses to the website were very positive and obvious that people agreed with the founders for a need for such a website. In the first weeks many summerhouses were registered and visits to the site increased day by day.
Golden Egg

The same month as the website was launched Búngaló received a positive sign that they were on the right way. Búngaló reached the top 10 in a Icelandic entrepreneurial competition called the Golden Egg. This year 300 business ideas had been registered for the competition.
Technology Development Fund

The Technology Development Fund in Iceland has the mission of supporting businesses in technology development and innovation. Every year they give out grants to businesses that their counsel has approved of and in the autumn of 2010 Búngaló was one of these businesses. The grant was a fantastic recognition for the company as many of the businesses that have been funded so far have gone on to do great things.
Version 2.0

From day one Búngaló has developed it´s website in cooperation with it´s users. Every comment, suggestion or idea that comes from the users has been used to improve the system and improve the experience for the end-user. In the autumn of 2011 a big step was taken when the company put out version 2.0 of the system, implementing in it all of the advice it had gotten from it´s user.