Skip to content
Subscriber Only
Technology
Venture Capital

Airbnb Raises $555 Million in Funding

Technology Crossover Ventures is said to be among lead investors in the round, expected to total $850 million.
The Airbnb Inc. application is displayed on an Apple Inc. iPhone and iPad in this arranged photograph in Washington, D.C., U.S., on Friday, March 21, 2014. Airbnb Inc. is raising money from investors including TPG Capital in a financing round that would value the room-sharing service at more than $10 billion, said people with knowledge of the deal.
Photographer: Andrew Harrer/Bloomberg
Updated on

Airbnb Inc. said it has raised $555.5 million in new funds as the company, which lets people rent out their homes to travelers, expands around the world.

This funding round, which values the San Francisco-based company at $30 billion, could eventually reach $850 million, said a person familiar with the matter, who asked not to be identified because talks are ongoing. Bloomberg reported last month that Airbnb was seeking up to $850 million in new funding at a $30 billion valuation. The company disclosed that it has raised $555.5 million in a regulatory filing on Thursday.