Property management startup Guesty raises $50M and acquires competitor Your Porter
Guesty, which has created property management software for hosts on short-term rental platforms like Airbnb and Vrbo, is announcing that it has raised $50 million in Series D funding.
“In the public markets, there are many players in hospitality property management,” said co-founder and CEO Amiad Soto. “The same thing goes with residential property management. In short-term rentals, there’s no public player — you can bet your money that we are eyeing that target.”
In the past year, Guesty expanded to support other types of property, including multi-unit listings and “aparthotels.”