Tech Company Financing Transactions
Airbnb Funding Round
Silver Lake and Sixth Street Partners joined a $1 billion capital raise for Airbnb. The round closed on 4/7/2020.
Transaction Overview
Company Name
Announced On
4/7/2020
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$1,000,000,000
Round
Undisclosed
Investors
Silver Lake (Egon Durban)
Proceeds Purpose
The funds will be used to pay a host 25% of what they would normally receive through their cancellation policy if a guest cancels a reservation due to COVID-19 between March 14 and May 31.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
888 Brannan St.
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
Airbnb (Nasdaq: ABNB) Rent unique accommodations from local hosts in 190+ countries. Feel at home anywhere you go in the world with Airbnb.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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