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Venture Capital News: Guesty Inks $130M in Series F Funding

2024-04-10
NEW YORK, NY, Guesty, the leading property management software platform for the short-term rental (STR) and hospitality industry, announced a $130M Series F funding.
NEW YORK, NY, Guesty, the leading property management software platform for the short-term rental (STR) and hospitality industry, announced a $130M Series F funding round led by leading global investment firm KKR. Inovia Capital, together with existing investors Apax Funds, BDT & MSD Partners and Sixth Street, also joined the round, extending their support following Guesty's significant expansion and sustained growth. This new round of funding will support continued development of Guesty's best-in-class enterprise-level platform for property managers and drive market consolidation to grow the company's global footprint. 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.
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