Tech Company Financing Transactions
Lyric Funding Round
Lyric, based in San Francisco, raised $160 million from Airbnb, Fifth Wall Ventures and private investors.
Transaction Overview
Company Name
Announced On
4/18/2019
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$160,000,000
Round
Undisclosed
Investors
Airbnb (Lead Investor) (Gregory Greeley)
private investors (Adam Bain)
private investors (Barry Sternlicht)
private investors (Dick Costolo)
Proceeds Purpose
With the new funding, Lyric hopes to expand its operations and go from its current 500 units across 13 markets to 1,000 units by the end of the year.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
77 Maiden Ln.
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Website
Email Address
Overview
Lyric's Creative Suites are your launchpad to a better travel experience, combining the spaciousness of an apartment, the amenities of a 4-star hotel, the productivity of your favorite work space, and the creative surroundings of an artistic studio.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Kitchell
President
Joseph Fraiman
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Where The Data Comes From
We document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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