Guesty Raises $19 Million for Vacation Rental Sales: Travel Startup Funding This Week
Sean O'Neill
April 27th, 2018 at 1:30 AM EDT
Skift Take
Travel startups raised more than $128 million this week. Tel Aviv-based Guesty, which is like a Salesforce for vacation rental property managers, was one of the fortunate companies.
The total publicized this week was more than $128 million.
On Tuesday, we reported that Culture Trip, an online travel magazine, had raised an $80 million Series B round from investors.
The round was one of the biggest-ever financings for a travel media start-up, especially in Europe. Czech private investment fund PPF led the round. All that said, we're skeptical of the business model, as it has been described.
In other news, Dosh, a cash-back app for consumers, has raised $44 million in a Series A. PayPal and Goodwater Capital participated. Skift wrote last summer about how the Austin, Texas-based company had a service that lets a person book work-related travel on their corporate card but get cash back on their personal card.
The company has since diluted its focus to cover all types of retail purchases. It claims more than 100,000 merchants are on its U.S.-centric platform. Given its lack of travel focus, we're not spotlighting it in this roundup.
>>Guesty, which simplifies the operations of property management companies and facilitates recieving customers from Airbnb, Booking.com, VRBO, and other sources, has raised $19.75 million in Series B funding.
TLV Partners led the round. The Tel Aviv-based startup, which is a graduate of the Y Combinator accelerator, has raised $23 million to date.
The company, which provides an end-to-end property management platform, has had traction with owners of urban short-ter
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