Airbnb, a San Francisco, CA-based community driven hospitality company, closed its over $1 billion Series F funding.
Per an SEC filing, the company raised $1,003,312,065 from 40 unnamed investors. The round reportedly valued the company at $31 billion.
Co-founded in 2008 by Brian Chesky, CEO, Joe Gebbia, CPO, and Nathan Blecharczyk, CSO, Airbnb enables people to travel and be connected to local cultures via a community marketplace that provides access to apartments, villas, castles and treehouses in more than 65,000 cities and 191 countries.
The top 10 destinations of inbound guests are the United States, France, Italy, Spain, the United Kingdom, Japan, Canada, Australia, Germany, and Portugal.
In addition to announcing the close of the round, the company – which has 19 offices globally – has just launched Music Experiences on its global Trips platform, offering access to intimate live music performances, underground nightlife and special experiences hosted by artists, industry professionals and those plugged-into the local music scene.