scorecard
  1. Home
  2. tech
  3. Airbnb raises more than $100 million at same $25.5 billion valuation

Airbnb raises more than $100 million at same $25.5 billion valuation

Biz Carson   

Airbnb raises more than $100 million at same $25.5 billion valuation
Tech2 min read

brian chesky airbnb

Kimberly White/Getty

Home-sharing site Airbnb has raised more than $100 million in a fresh round of fundraising, valuing the startup at the same $25.5 billion mark where it raised this past summer, according to the Wall Street Journal.

An investor slide deck viewed by the Wall Street Journal's Rolfe Winkler said the company had bookings of $2.2 billion, double where it was a year ago. The company also generated $340 million in revenue in the third quarter, according to the Journal.

That's on track with what the company had reportedly projected earlier this year. The startup raised $1.5 billion this summer in a Series E round, which valued the company at $25.5 billion, because of its high revenue projections. As reported in June, Airbnb expects $850 million in revenue and an operating loss of about $150 million this year as it pushes to expand its services to new parts of the world and fights regulators over taxes and lodging laws.

Airbnb has raised $2.34 billion to-date, according to Pitchbook data.

The Wall Street Journal reported that the round has closed, although no investors have been identified.

READ MORE ARTICLES ON


Advertisement

Advertisement