Sonder

Sonder, formerly known as Flatbook, is a tech-driven hospitality company offering spaces built for travel and life in cities around the world.

Sonder is transforming the future of hospitality, with thousands of beautiful spaces built for travel and life.

Sonder was founded in 2012 by Francis Davidson & Lucas Pellan and is based in San Francisco, California.

Sonder is purposefully selected, designed and maintained - customized to reflect the vibe of its neighborhood.

Sonder leases and renovates apartments in trendy city neighborhoods, and rents them to customers through Airbnb, Expedia, and its own site. Sonder aims to deliver a professional and predictable accommodations in the notoriously spotty home-share market.

 

Sonder's portfolio has grown to a massive size. Today its 1,000 employees manage more than 12,000 rooms across 28 cities and six countries. Sonder signs 3-5 year leases, often partnering with landlords to occupy full floors.

 

Sonder is backed by Greylock Partners, BDC Venture Capital, Westcap Group, Spark Capital, Inovia Capital, Valor Equity Partners and others. The company raised $170M in Series E round on June 26, 2020. This brings Sonder's total funding to $530M to date. The latest round gives the company a post money valuation of $1.3B, slightly up from its previous $1B+ valuation from its Series D on Jul 11, 2020.

 

Sonder has also made a $26.6M investments in Potrero Medical on Jul 9, 2018.

 

 

  • Year founded: 2012
  • Funding Info: $530M over 7 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: $300M-$400M (2019)
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $1.3B as of June 26, 2020
  • City/Town: San Francisco
  • State: California
  • Country: United States
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