Sonder raises USD 10 million for serviced home rentals
San Francisco startup Sonder announced that it has raised USD 10 million in a Series A investment round led by venture firm Spark Capital.
Short-term rentals are more interesting than cookie-cutter chain hotel rooms. But the service quality can vary widely. So perhaps there is demand for short-term rentals that have consistent quality in service and amenities, such as reliable internet and clean bathrooms.
Say hi to Sonder — a San Francisco startup aiming to thrive in a sector already entered by Onefinestay, Vacasa, and others.
Coming out of stealth mode today, Sonder is offering hotel-quality service at more than 500 second homes in the Boston, Chicago, Los Angeles, and San Diego, as well as in Montreal and Vancouver.
While the properties vary, Sonder standardizes the property management to make sure the free internet is working, the kitchens are well stocked, and the property as a whole is tastefully decorated and well-maintained.
Today Sonder announces that it has raised USD 10 million in a Series A investment round led by venture firm Spark Capital.
Also participating in the round are Thayer Ventures, Real Ventures, and BDC Capital. Sonder previously raised USD 5 million in a seed round.
Read original article