Guesty Secures $130M Funding for Global Expansion

Property management platform Guesty recently announced a significant milestone, securing $130 million in Series F funding to fuel its global expansion efforts. With a strong presence in over 80 countries, Guesty specializes in providing comprehensive property management solutions tailored to the short-term rental and hospitality industries.

Led by KKR, the latest funding round also saw contributions from Inovia Capital and support from existing investors Apax Funds, BDT & MSD Partners, and Sixth Street. Notably, Stephen Shanley and Lauriane Requena from KKR, along with Dennis Kavelman from Inovia Capital, have joined Guesty’s board of directors, adding valuable expertise to the company’s strategic direction.

This funding infusion follows a successful Series E round in 2022, where Guesty raised $170 million. The additional investment will be instrumental in supporting Guesty’s expansion plans, including acquisitions, organic growth initiatives, and diversifying its offerings to include medium-term rentals, corporate housing, and fully-serviced stays.

Guesty’s expansion strategy encompasses strengthening its foothold in key markets such as the US, with targeted investments in Europe (particularly France, Germany, and Spain), as well as enhancing its presence in Australia.

Amiad Soto, CEO, and co-founder of Guesty, expressed enthusiasm about the company’s growth trajectory, highlighting a five-fold increase in the past three years. With industry-leading investors like KKR and Inovia onboard, Guesty is poised to innovate further, leveraging AI capabilities to deliver unparalleled property management solutions and exceptional customer support.

KKR’s Stephen Shanley emphasized Guesty’s position as a market leader in property management, noting the company’s unique ability to cater to evolving customer needs in the short-term rental market. Inovia’s Dennis Kavelman echoed this sentiment, citing Guesty’s successful track record in consolidating the short-term rental segment and its software leadership in the travel sector.

Guesty’s platform empowers property managers and hosts with comprehensive tools for rental management, advertising, and enhancing guest experiences through its robust API capabilities.

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