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Property management startup Guesty raises $50M and acquires competitor Your Porter – TechCrunch

Property management startup Guesty raises $50M and acquires competitor Your Porter Guesty, which has created property management software for hosts on short-term rental platforms like Airbnb and Vrbo, is announcing that it has raised $50 million in Series D funding. “In the public markets, there are many players in hospitality property management,” said co-founder and CEO Amiad Soto. “The same thing goes with residential property management. In short-term rentals, there’s no public player you can bet your money that we are eyeing that target.” In the past year, Guesty expanded to support other types of property, including multi-unit listings and “aparthotels.”

Startup Guesty Raises $50 Million for Tech Services for Short-Term Rentals

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Guesty, a maker of software for for managers of short-term rentals, has raised $50 million in a Series D round of funding. Apax Digital Fund led the round in the startup, with AMI Opportunities Fund and others also taking part. The Tel Aviv-based startup has raised a total of $110 million since its participation in the Y Combinator startup accelerator, making it the best-funded of its peer set. Guesty’s tech solutions sit in the shared area of the Venn diagram of real estate technology, property tech technology, and hospitality technology, according to Amiad Soto, co-founder and CEO.

Short-term rental platform co Guesty raises $50m

Short-term rental platform co Guesty raises $50m The Israeli company has developed a platform that automates and streamlines all complex operational needs accompanying short-term rental management. Israeli short-term rental property management platform Guesty today announced it has completed a $50 million Series D financing round, led by the Apax Digital Fund with participation from the AMI Opportunities Fund, and existing investors Viola Growth, Flashpoint, Vertex Ventures, Kingfisher Investment Advisors and La Maison Partners. This brings to $110 million, the total amount raised by the company, which has developed a platform that automates and streamlines all complex operational needs accompanying short-term rental management.

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