Guesty Raises $130 Million in Series F Funding, Eyes Global Expansion and IPO
Property management software platform Guesty has raised $130 million in its Series F funding round, led by global investment firm KKR, with participation from existing investors Apax, BDT & MSD Partners, and Sixth Street, alongside new investor Inovia Capital. The investment, primarily from KKR’s Next Generation Technology Growth Fund III, aims to fuel Guesty’s global expansion and enhance its enterprise-level property management platform.
Guesty, operating in over 80 countries, provides tools for property managers and hosts to streamline the rental management process. With capabilities ranging from centralized reservation systems to revenue management tools and guest communication solutions, Guesty supports both short-term rentals and boutique hotels.
The funding will facilitate Guesty’s expansion across the United States, led by new VP of Sales, Jonah Mandel, and bolster its presence in key European markets like France, Germany, and Spain. Amiad Soto, CEO of Guesty, emphasized the company’s growth trajectory and its commitment to enhancing its platform with advanced AI capabilities to meet evolving market demands.
Guesty’s strategic acquisitions, including StaySense, YieldPlanet, HiRUM, Kigo, MyVR, and Your Porter, highlight its consolidation efforts in the property management sector. As Guesty prepares for potential IPO, Soto affirmed their readiness to capitalize on market opportunities when conditions are favorable.
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