Airbnb Is Now the Third-Highest Valued Startup After Massive $1.5 Billion Funding Round
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Home-rental site Airbnb filed a Form D with the SEC on Monday, confirming that the startup .
The new round reportedly raises the startup’s valuation to $25.5 billion.
The news was first by The Wall Street Journal.
General Atlantic Inc., Chinese firm Hillhouse Capital Group and Tiger Global Management lead the round, according to the Journal. Also involved in the round are public funds like Wellington Management and Baillie Gifford, which invest in private companies ahead of IPOs.
An investor slide deck viewed by The said the company had bookings of $2.2 billion, double the level one year ago. The company also generated $340 million in revenue in the third quarter, according to the Journal.
The home rental company last raised money in . This round makes it the , after Uber and Xiaomi.
Home-rental site Airbnb filed a Form D with the SEC on Monday, confirming that the startup .
The new round reportedly raises the startup’s valuation to $25.5 billion.
The news was first by The Wall Street Journal.
General Atlantic Inc., Chinese firm Hillhouse Capital Group and Tiger Global Management lead the round, according to the Journal. Also involved in the round are public funds like Wellington Management and Baillie Gifford, which invest in private companies ahead of IPOs.
An investor slide deck viewed by The said the company had bookings of $2.2 billion, double the level one year ago. The company also generated $340 million in revenue in the third quarter, according to the Journal.
The home rental company last raised money in . This round makes it the , after Uber and Xiaomi.
