AvantStay is a next-generation hospitality platform that is revolutionizing the travel, transaction, and investment process in short-term rentals. With a focus on delivering a highly-curated, personalized experience, AvantStay utilizes proprietary technology to facilitate bookings, streamline operational management, and create genuine consumer connections. Operating in over 100 cities and boasting a portfolio of 1,800 premier properties, AvantStay commands an AUM of over $5B in luxury short-term rentals. Notably, the company became one of the inaugural partners of Homes & Villas by Marriott International in 2019 and has secured direct bookings on over 60 OTAs.
The company's achievements have been recognized with prestigious awards, including multiple appearances on the Inc 5000 Fastest Growing Companies list, a prominent position on the a16z Marketplace 100, and acknowledgement as one of Skift's Short-Term Rental 250. Additionally, AvantStay's founders were named among the International Hospitality Institute's 100 Most Influential People in Global Hospitality and Travel for 2023. The company has also achieved distinction as one of the Built in LA Best Places to Work 2022 and was honored as one of the Best Startup US, with its CEO listed among the top 101 executives in hospitality.
Founded in 2017 and headquartered in the United States, AvantStay recently attracted a substantial $500.00M Private Equity Round investment on 16 February 2022, with Saluda Grade as the investing entity. With its strong market positioning, expansive portfolio, and strategic partnerships, AvantStay presents an enticing investment opportunity in the dynamic hospitality sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Private Equity Round | $500.00M | 1 | 16 Feb 2022 | |
Series B | $160.00M | 10 | Stephen Pagliuca, Shawn Mendes +3 | 15 Dec 2021 |
Venture Round | Unknown | 1 | Alumni Ventures | 25 Oct 2019 |
Series A | $20.00M | 6 | Shaun White | 19 Sep 2019 |
Seed Round | $5.00M | 8 | Blue Ivy Ventures | 04 Sep 2018 |
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