Proptech company Guesty announced a Series-E funding round of $170 million. Leading the investors were Apax Digital Funds, MSD Partners and Sixth Street Growth, with current investors Viola Growth and Flashpoint also participating.
According to startup information site Crunchbase, the new round brings the total funding to $284.5 million.
The company, which has property management software for short-term rentals and hospitality, says the money will go to "meet increasing demand, pioneer new solutions that support the growing needs of hospitality operators, secure key acquisitions, and expand into new business verticals to solidify Guesty's position" in the industry.
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