A tool used to manage accommodation listings has announced the closure of a $3 million Series A funding round led by Buran Venture Capital, Magma Venture Partners and AltaIR Capital.
Guesty brings a unified approach to property management in the Airbnb and vacation rental markets through allowing all guest, reservation and listing data from a variety of booking sites to be managed in one platform.
The company supports any property management company ranging from a few listings to hundreds of properties, while improving their management performance and demonstrating automation and consolidation.
Proceeds of the round will be used to expand the company and its executive layer and to bring the company’s growth within the vacation rental markets worldwide.
“This new funding will fuel Guesty’s growth. We aim to achieve our goals and to maintain our status as the leader in the vacation rental industry,” said CEO and co-founder, Amiad Soto.
“The entire ecosystem of vacation rentals is growing – OTA channels are continuing to develop, and more and more property management companies are being established. This leads to a rise in demand for a holistic property management solution – and that’s where Guesty comes in.”