The American company Airbnb, operator of the eponymous accommodation booking platform, has attracted a $1 billion investment from Silver Lake and Sixth Street Partners, funds that will be used to finance current activities and expand operations, including through investments in long-term home rentals.
Airbnb facilitates short-term accommodation rentals, connecting tourists with property owners.
At the same time, the company announced that it will focus on the long-term housing rental segment, with students and relocated employees being specifically targeted. Airbnb did not provide details regarding the structure of the attracted investment, nor did it indicate the company’s valuation after the new funding round.
Source: Profit
Frequently Asked Questions
Who are the investors in this Airbnb funding round?
The $1 billion investment was provided by Silver Lake and Sixth Street Partners.
What is the purpose of the new $1 billion investment?
The funds will be used to support current operations and expand into the long-term rental market for students and professionals.
What is Airbnb’s current valuation after this investment?
Airbnb has not disclosed the company’s updated valuation following this specific funding round.