Airbnb Closes $1B round at $31B valuation

Tech Crunch reported that Airbnb last closed off its Series F with an additional $447.8 million, bringing the total funding to be more than $1 billion. AirBnB is argued to be valued at $31 billion.

The list of investors include Alfred Lin of Sequoia, Jeff Jordan of Andreessen Horowitz as well as Google Capital and TCV. Airbnb has also led the acquisition of Tilt funding platform and Luxury Retreats to bring in more properties (and clients!) at the higher end of the market.

For more information, visit https://techcrunch.com/2017/03/09/airbnb-closes-1b-round-at-31b-valuation-profitable-as-of-2h-2016-no-plans-for-ipo/

Bahrain-based digital platform and publication for startups in the Middle East. Exclusive events, in-depth workshops, insightful content, and informative news. In strategic partnership with Tamkeen Bahrain, Zain Bahrain, National Bank of Bahrain, Zoho, Tenmou, and StartUp Bahrain.

Startup MGZN © 2020. All Rights Reserved.