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Guesty

440 N Barranca Ave #9720, Covina, CA, 91723, United States

Overview

Guesty offers a one-stop SaaS platform for accommodation managers, providing listing and booking management, analytics, accounting, multi-property management, and CRM features. It has added in-house payment services and capital advances, damage-protection services, website-building tools, and price-optimization integrations with dozens of listing interfaces. The company says its platform already covers “hundreds of thousands” of properties. Guesty is based in New York and has roots in Israel. Management plans to use new funding to expand the existing platform, move into medium-term stays beyond short-term lets, and pursue potential acquisitions. The company reported revenue growth of 5x over the last three years and expects to become profitable this year. Guesty provides a multi-channel property management platform that centralizes listing, calendar, guest communication, payments, accounting and analytics across major booking marketplaces. Its product today includes about 18 core features and roughly 130 third‑party integrations, and the company has acquired MyVR and Your Porter to broaden capabilities. Guesty is expanding toward greater automation and AI-based communication tools and plans to grow its fintech offerings (billing, credit lines, loans and risk management) to serve hosts as businesses. Leadership describes the company as moving beyond short‑term rentals into aparthotels, co‑living, glamping and other flexible accommodations and aims to offer an end‑to‑end platform for hospitality operators. The company reported 100% year‑on‑year growth, says revenue and listings under management have been doubling, and employs about 585 people. Guesty is not yet profitable but is aiming for profitability next year and is on course to surpass $100M in ARR in the first half of that year. Guesty builds a property-management platform for hosts on short-term rental marketplaces, and has expanded to support multi-unit listings and aparthotels. The company uses machine learning to classify and route roughly 80% of guest messages and plans to expand AI across its platform. It is building out a marketplace of third-party integrations and intends to continue investing in growth and technology. Guesty has been active on the M&A front, acquiring Y Combinator-backed MyVR and Your Porter to serve hosts ranging from small family-run businesses to enterprise-scale managers. Management says travel demand is rebounding, citing U.S. summer reservation volume up 282% versus summer 2020 (and 32% versus 2019) and U.K. reservations up 180% year-over-year (down 19% versus 2019). Guesty provides property managers and management companies an end-to-end platform to simplify short-term rentals. The platform lets users manage listings across multiple online travel agencies including Airbnb, Booking.com, Agoda and TripAdvisor and offers guest-centric tools such as a Unified Inbox, Automation Tools, 24/7 Guest Communication Services and Payment Processing. The company plans to use the funds to open new offices in key growth markets, enhance product capabilities and introduce AI and machine learning into the platform. It also intends to increase its presence in verticals adjacent to urban properties, including the vacation rental space, and to build out its Integrations Marketplace through additional third-party partnerships and integrations. Led by Co-Founder & CEO Amiad Soto, Guesty graduated from Y Combinator in 2014 and is utilized by property managers and management companies in more than 70 countries. Following the Series C, total funding stands at $60M. Guesty offers a vacation-rental management platform that acts like a CRM for property managers, helping track guest check-ins, revenue, and operational tasks. Its tools are designed to manage properties across multiple listing channels such as Airbnb and VRBO. The service aims to simplify running multiple properties as a business by centralizing listings and operations. The company positions itself to meet growing demand as marketplaces like Airbnb roll out more tiers and categories. Guesty was part of Y Combinator’s winter 2014 class and previously raised $3 million in May of the prior year. The company recently filed with the SEC that it raised $19.75 million in a new Series B round.

Total raised
$409M
Funding rounds
7
Latest round
Series F
Latest activity
Apr 2024

Industries

  • Information Technology
  • Property Management
  • PropTech
  • Rental
  • Rental Property
  • Software
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Recent funding

  1. Series F

    Apr 2024

    $130M

  2. Series E

    Aug 2022

    $170M

  3. Series D

    Apr 2021

    $50M

  4. Series C

    Mar 2019

    $35M

  5. Series B

    Apr 2018

    $20M

Team