Guesty Raises $35 Million to Manage Rentals: Travel Startup Funding This Week

This week travel startups announced more than $76 million in funding. >>Guesty, which simplifies the operations of property management companies and facilitates online marketing for short-term rentals, has raised $35 million in Series C funding. Viola Growth led the investment. Vertex Ventures, Journey Ventures, TLV, and others also participated. The Los Angeles-based startup has raised $60 million to date. Since graduating from the Y Combinator incubator in 2014, Guesty has helped owners manage listings across Airbnb, Booking.com, HomeAway, and other channels as well as guest communication, payment processing, and other services. In late 2013, CEO Amiad Soto co-founded the company with his twin brother Koby Soto, who is now on the board. >>The Plum Guide, a vacation rental booking site, has raised $18.4 million (£14 million) in Series B funding. Talis Capital led the round. Latitude, Hearst Ventures, and Octopus Ventures also participated. Founder and CEO Doron Meyassed describes his London-based company as a kind of Michelin guide to upscale vacation rentals. The company lists properties in major cities based on their amenities and other desirable factors, suc