Guesty, a Covina, CA-based provider of a property management software platform for the short-term rental, raised $130M in Series F funding.
The round was led by KKR with participation from Inovia Capital, together with existing investors Apax, MSD and Sixth Street. Stephen Shanley, Partner at KKR and Head of Tech Growth in Europe; Lauriane Requena, Principal at KKR Tech Growth, and Dennis Kavelman, Inovia Capital Partner, join Guesty’s Board of Directors following this investment.
The company intends to use the funds for expansion across the US, enhancing vacation rental offerings with innovative features.
Led by CEO Amiad Soto, Guesty provides a platform for short-term rental businesses that automates and optimizes their operations in over 80 countries. The solution provides both enterprise and SMB property managers as well as individual hosts with the tools to manage the entire rental journey. The company’s platform helps property managers advertise and manage their vacation or short-term rental properties, delivering guest experiences through an intuitive user experience and open API capabilities. It has 200+ industry partners including major booking OTAs like Airbnb, Vrbo, booking.com, Tripadvisor, Expedia, Hopper, Google Travel, Home & Villas by Marriot, and many more.
FinSMEs
10/04/2024