Guesty Raises $130M in Series F
Guesty has successfully raised $130M in a Series F at a $860M valuation led by Sixth Street, Inovia Capital.
Company Overview
Guesty is a PropTech company headquartered in Tel Aviv, Israel, founded in 2013 with 500+ employees.
Property management for short-term rentals
Fundraising Details
- Amount Raised: $130M
- Round Type: Series F
- Valuation: $860M
- Date: 2024-12-01
- Investors: Sixth Street, Inovia Capital
About Guesty
Property management for short-term rentals The company is positioned in the PropTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Tel Aviv, Israel
- Founded: 2013
- Team Size: 500+
- Industry: PropTech
What This Means
This funding round demonstrates strong investor confidence in Guesty's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The PropTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Guesty's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $860M valuation marks an important milestone for Guesty, positioning the company among notable players in the PropTech industry.
Looking Ahead
With this new capital, Guesty is well-positioned to execute on its growth strategy and continue building innovative solutions in the PropTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-12-01. For more information about Guesty, visit their headquarters at Tel Aviv, Israel.
