Guesty Raises $19 Million for Vacation Rental Sales: Travel Startup Funding This Week
Photo Credit: Amiad Soto is co-founder and remains CEO of Guesty, a Tel Aviv-based startup that has raised $23 million to date. The premise of the latest round is that the company, which provides an end-to-end property management platform, can replicate its traction in the urban short-term rental sector within the whole-home, resort destination vacation rental segment, too. Guesty
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.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
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, whic
