Guesty, a Walnut, CA- and Tel Aviv, Israel-based provider of a platform for professional property managers in the short-term rental business, closed $3m in Series A funding.
The round was led by Buran Venture Capital, with participation from Magma Venture Partners and AltaIR Capital.
The company intends to use the funds to expand its executive team and to grow within the vacation rental markets worldwide.
Established in 2013 by Amiad Soto and Koby Soto, Guesty provides cloud-based platform designed to simplify property managers’ operations and allow management of listings from multiple Airbnb accounts and other booking channels. The company’s solution provides Property Management Software (PMS), Channel Management, Unified Inbox, Automation, Payment Processing, Website Creation, and 24/7 Guesty Communication Services all in a single package.
Guesty supports property management companies of any size from few listings to hundreds of properties.