Sharing economy property management platform Guesty raises $20m

Travolution

End-to-end holiday property rental management platform Guesty has raised $19.75 million in Series B funding.

The round was led by TLV Partners who joined existing investors Magma VC and Buran VC.

Israel-based Guesty recently added integrations with Booking.com and Agoda to a growing list of partners, which includes channels like Airbnb as well as various technology players in the short-term rental scene.

Co-founded in 2013 by twin brothers Amiad and Koby Soto, Guesty provides the means to manage all aspects of a short-term rental business across multiple channels.

Amiad Soto said: “We are humbled by the confidence our investors have shown in Guesty.

“We plan to uphold our prominent position within the vacation rental industry by equipping professional property managers with ever advancing technologies and automation.”

The company is to continue to grow its teams, recruiting highly talented professionals across all departments.

TLV Partners’, Shahar Tzafrir, said: “I was fortunate to lead Guesty’s seed investment on behalf of Magma, and now I’m glad to have had the opportunity to lead their current financing round on behalf of TLV Partners.

“I’ve witnessed up close Guesty’s exceptional execution and rapid growth.

“We see massive potential in this market and believe Guesty is the one to actualise it.”

 

Read the Source.

If you’re interested in learning more about property management and discovering the many ways Guesty's platform can help your business, we invite you to a free one-on-one session with one of our experts.

New Guesty Partner Autohost Reveals the 5 Reasons Why You Need to Screen Your Guests

Guesty aims to simplify the complex operational needs faced by property managers on a daily basis. We offer solutions to…
CONTINUE READING

July Marketplace Roundup: Guest Verification, Finding the Best Tradesmen for the Job, Guest Gift Boxes & More

From an innovative guest verification system to a unique app sure to enhance your guests’ experience, July has brought a…
CONTINUE READING

Guesty Announces Direct Integration With HomeAway

We are thrilled to announce that one of our most anticipated integrations has gone live! Users can now sync their…
CONTINUE READING

5 Ways Data Can Help You Grow Your Short-Term Rental Business

Data provides vacation rental property managers with competitive insight into their listings and markets, and the opportunity to earn more…
CONTINUE READING