Guesty

Guesty is a property management software. It is used by property managers to manage short-term rentals listed on multiple platforms such as Airbnb, HomeAway, and Booking.com.

Guesty
Founded2013
FoundersAmiad and Koby Soto
Headquarters
Tel Aviv
,
Israel[1]
Servicesproperty management software
Websitewww.guesty.com

History

Guesty was founded in 2013 under the name SuperHost by twin brothers Amiad and Koby Soto.[2] The idea came from renting out their properties on Airbnb and spending large amounts of time dealing with guest-related issues.[3]

The company was rebranded to Guesty in 2014[4] and launched as a service for homeowners to get their properties ready for listing on Airbnb, including help with subsequent maintenance such as cleaning and laundry.[3] It transitioned into a software service to help property managers deal with issues such as guest communication and task management.[4][5]

The company is a Y Combinator graduate and has raised funds from investors such as Viola Growth, Buran VC, Magma Venture Partners, TLV Partners and Vertex Ventures Israel.[6] It has raised a total of $60 million as of March 2019.[7]

Product overview

Guesty describes itself as an end-to-end platform for property managers and property management companies.[8] It provides cloud-based tools that help with things like tracking guest check-ins and revenue of each property.[5] It integrates with short term rental websites such as Airbnb, Booking.com, and HomeAway to manage all a host's properties on a single platform.[9] The company generates revenue by charging a percentage of the booking fee received from each property.[10]

References
  1. Higgins, Michelle (19 June 2015). "Taking the Work Out of Short-Term Rentals". The New York Times.
  2. Perez, Sarah (16 June 2014). "Guesty, A Property Management Service for Airbnb Hosts (And Soon, More), Raises $1.5M". TechCrunch.
  3. Lunden, Ingrid (21 March 2019). "Guesty, a tech platform for property managers on Airbnb and other rental sites, raises $35M". TechCrunch.
  4. Tilin, Andrew (2 November 2014). "Welcome, Guesty: A Company That Helps Manage and Maintain Airbnb Properties". Entrepreneur.
  5. Lynley, Matthew (24 August 2018). "Vacation rental management service Guesty raises $19.75M". TechCrunch.
  6. Escher, Anna (9 May 2017). "Guesty raises $3M to be a Salesforce for property managers". TechCrunch.
  7. "Israeli property management software firm Guesty raises $35 mln". Reuters. 21 March 2019.
  8. Sawers, Paul (21 March 2019). "Guesty raises $35 million to help property managers oversee all their rentals on Airbnb and more". Venture Beat.
  9. "מנכ"ל Guesty מלונות ודירות נופש מציעים חוויות שונות - שניהם יכולים להרוויח" (in Hebrew). Calcalist. 18 July 2018.
  10. Miller, Jenny (3 February 2015). "The Sharing Economy Goes Next-Level". Fast Company.
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