Guesty, a leading property management software platform catering to the short-term rental (STR) and hospitality industry, has announced a $130 million Series F funding round led by KKR, with participation from Inovia Capital and existing investors. This substantial investment will fuel Guesty's ongoing development of its enterprise-level platform for property managers and facilitate market expansion to consolidate its footprint. With the support of KKR, Inovia Capital, and other investors, Guesty aims to address the evolving demands of the rapidly growing STR industry, which has seen a surge in demand surpassing traditional hotel accommodations since 2022.
Operating in over 80 countries, Guesty offers a comprehensive platform that empowers both enterprise and SMB property managers, as well as individual hosts, with the necessary tools for managing the entire rental journey. This funding round will enable Guesty to enhance its vacation rental offerings, expand its presence in key European markets like France, Germany, and Spain, and reinforce its position in Australia. Guesty's CEO & Co-Founder, Amiad Soto, expressed enthusiasm for the company's remarkable growth and its commitment to developing an industry-leading intelligent property management platform, leveraging AI capabilities to deliver innovative features and exceptional support for customers.
