Founded in 2011 by CEO Jordan Allen, Stay Alfred operates an online platform that rents fully furnished, upscale travel apartments equipped with kitchens, laundry facilities, and multiple private bedrooms. The company differentiates itself through an easy-to-use booking process, 24/7 customer service, and professional housekeeping. Stay Alfred currently manages nearly 2,000 travel apartments in 28 top U.S. markets and has hosted close to 500,000 guests to date. The company partners with real-estate developers and property managers through full-building and multi-floor agreements to secure its inventory. It reported a projected 2018 revenue run rate of $110 million, underscoring rapid growth in the alternative lodging sector. With fresh capital, the firm plans to deepen its presence in existing cities while expanding into new markets.

Total raised

$62M

Funding rounds

2

Latest round

Series B

Latest activity

Oct 2018