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Guesty Raises $130M Led by KKR to Expand Global Reach

The new funds will fuel Guesty's mission to enhance its enterprise-level platform for property managers, accelerate global expansion efforts, and drive market consolidation.

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Guesty, the premier property management software platform for the short-term rental (STR) and hospitality industry, has secured a $130 million Series F funding round led by prominent global investment firm KKR. Existing investors, including Inovia Capital, Apax, BDT & MSD Partners, and Sixth Street, also participated in the round, reaffirming their support for Guesty’s growth trajectory and market leadership.

The new funds will fuel Guesty’s mission to enhance its enterprise-level platform for property managers, accelerate global expansion efforts, and drive market consolidation.

The short-term rental industry is experiencing unprecedented growth, currently valued at $277 billion, surpassing hotels in demand since 2022. To meet the evolving needs of customers and adapt to the increasing complexity of property management, property managers are turning to comprehensive solutions like Guesty. With operations spanning over 80 countries, Guesty offers a robust platform that empowers property managers and individual hosts to streamline their rental operations, from listing management to guest communication and beyond.

Guesty’s platform stands out for its unparalleled ease of use and extensive feature set, catering to both enterprise and small-to-medium-sized property managers. The company’s commitment to innovation and customer-centricity has propelled its rapid expansion and market dominance. The new funding will support Guesty’s growth initiatives, including expanding its presence in the US market and enhancing its vacation rental offerings with cutting-edge features.

“We are excited to partner with KKR and our existing investors to fuel Guesty’s next phase of growth,” said Amiad Soto, CEO & Co-Founder of Guesty. “As the short-term rental market continues to surge, Guesty remains at the forefront of innovation, delivering best-in-class solutions to property managers worldwide. With this investment, we will further strengthen our platform and expand our global footprint, ensuring that our customers have the tools they need to thrive in this dynamic industry.”

KKR’s investment in Guesty underscores the firm’s confidence in the company’s ability to capitalize on the burgeoning demand for short-term rental solutions. Stephen Shanley, Partner at KKR and Head of Tech Growth in Europe, highlighted Guesty’s unique position in the market and its potential for international expansion. The addition of Lauriane Requena, Principal at KKR Tech Growth, and Dennis Kavelman, Partner at Inovia Capital, to Guesty’s Board of Directors further strengthens the company’s strategic leadership.

Guesty’s commitment to innovation and customer success has positioned it as a leader in the short-term rental industry. With a comprehensive suite of features and a global network of partners, including major booking platforms like Airbnb, Vrbo, and Booking.com, Guesty is poised to drive continued growth and transformation in the hospitality sector.

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