Sonder to Raise $200 Million in Funding for Its Hotel and Short-Term Rental Model

Skift Take
Sonder is now the second unicorn in the short-term rental and hotel sector after Airbnb. At this rate, Sonder will IPO before Airbnb.
Sonder is on track to raise $200 million as part of a new funding round set to close soon. If all goes to plan, the boutique hotel-style lodging startup will have raised about $560 million to date.
The San Francisco-based company confirmed it had raised $170 million so far in this Series E round, led by Fidelity, Westcap, and Inovia Capital. The inves