Guesty Raises $130M in Series F Funding to Expand and Innovate Vacation Rental Platform
Guesty Raises $130M in Series F Funding
Guesty's Series F Funding
Key Highlights:
- Series F Funding: Guesty, a property management software platform for short-term rentals, raised $130 million in Series F funding.
- Investors: KKR led the round, with participation from Inovia Capital, Apax, MSD, and Sixth Street.
- Expansion and Innovation: The funding will support Guesty's expansion across the US and the enhancement of its vacation rental offerings with innovative features.
Guesty's Target Market
- Target Market: Short-term rental businesses, including both enterprise and SMB property managers, as well as individual hosts.
- Global Reach: Operating in over 80 countries, Guesty serves property managers worldwide.
- Partnerships: Collaborations with major booking OTAs like Airbnb, Vrbo, booking.com, Tripadvisor, Expedia, and more.
What Guesty Needs to Buy
- Technology and Innovation: Investments in technology and innovation to enhance their property management software platform and vacation rental offerings.
- Market Expansion: Strategies and resources to expand their presence in the US and other key markets.
- Partnership Development: Building relationships with new industry partners and expanding their network of booking OTAs and other relevant platforms.