Guesty's $130 Million Funding Boost
April 11, 2024, 3:35 pm
Location: United States, California, Industry
Employees: 201-500
Founded date: 2013
Total raised: $409.25M
Guesty, the property management platform for short-term rental businesses, has secured a hefty $130 million in series F funding. This injection of cash is like rocket fuel for their expansion plans, with a focus on global growth and acquisitions to solidify their position in the market.
KKR, the investment firm leading the charge, is joined by Inovia Capital and previous investors like Apax and Sixth Street. This financial backing is a vote of confidence in Guesty's vision and potential.
The company's CEO, Amiad Soto, is steering the ship towards new horizons, with plans to conquer the U.S. market and expand in Europe and Australia. Guesty isn't just stopping at vacation rentals - they're eyeing larger corporate clients and fully-serviced properties as well.
With a team of over 750 employees spread across 15 offices worldwide, Guesty is a force to be reckoned with in the property management tech space. Their platform operates in more than 80 countries, serving a diverse range of clients from individual hosts to large property management companies.
Guesty's growth trajectory is nothing short of impressive, with a five-fold increase in revenue over the past five years. This latest funding round is just the beginning of their journey towards becoming the industry's first intelligent property management platform.
As Guesty continues to innovate and expand, one thing is clear - they're not just raising funds, they're raising the bar for property management technology.
KKR, the investment firm leading the charge, is joined by Inovia Capital and previous investors like Apax and Sixth Street. This financial backing is a vote of confidence in Guesty's vision and potential.
The company's CEO, Amiad Soto, is steering the ship towards new horizons, with plans to conquer the U.S. market and expand in Europe and Australia. Guesty isn't just stopping at vacation rentals - they're eyeing larger corporate clients and fully-serviced properties as well.
With a team of over 750 employees spread across 15 offices worldwide, Guesty is a force to be reckoned with in the property management tech space. Their platform operates in more than 80 countries, serving a diverse range of clients from individual hosts to large property management companies.
Guesty's growth trajectory is nothing short of impressive, with a five-fold increase in revenue over the past five years. This latest funding round is just the beginning of their journey towards becoming the industry's first intelligent property management platform.
As Guesty continues to innovate and expand, one thing is clear - they're not just raising funds, they're raising the bar for property management technology.