Companies · Space / Aerospace

Airbnb, Inc.Winter 2009Public

SAN FRANCISCO · CA, USA · Space / Aerospace · refined from filed group “Other Technology · founded 2012 · http://airbnb.com

Diligence memoA one-page analyst read on Airbnb, Inc. — recommendation, valuation, rhythm, risks.
$3.5B
Total raised · real
8
Rounds
0.1×
Latest step-up
Top 2%
Sector rank · raised
Growth/Late
Latest stage · inferred · Mon Aug 05 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Airbnb, Inc. has raised $3.5B over 8 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the space/aerospace sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 6.9 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Space / Aerospace

Airbnb, Inc. is one of 133 Space / Aerospace companies tracked from SAN FRANCISCO, CA, USA, on record since 2012. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Book accommodations around the world.

Founded in August of 2008 and based in San Francisco, California, Airbnb is a trusted community marketplace for people to list, discover, and book unique accommodations around the world — online or from a mobile phone. Whether an apartment for a night, a castle for a week, or a villa for a month, Airbnb connects people to unique travel experiences, at any price point, in more than 33,000 cities and 192 countries. And with world-class customer service and a growing community of users, Airbnb is the easiest way for people to monetize their extra space and showcase it to an audience of millions. No global movement springs from individuals. It takes an entire team united behind something big. Together, we work hard, we laugh a lot, we brainstorm nonstop, we use hundreds of Post-Its a week, and we give the best high-fives in town. Headquartered in San Francisco, we have satellite offices in Dublin, London, Barcelona, Paris, Milan, Copenhagen, Berlin, Moscow, São Paolo, Sydney, and Singapore.

MarketplaceTravelspace/aerospace
Find Airbnb online

Trades publicly as Airbnb.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
25
Investors (latest)
2019-08-05
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$12.5B$25.0B$37.5B$50.0BSeries D+ · 2011-07-22 Raised $117M (real) Modeled valuation $3.0B (est)Series D+2011Series D+ · 2012-07-10 Raised $1.6M (real) Modeled valuation $41M (est)Series D+2012Series D+ · 2012-12-05 Raised $200M (real) Modeled valuation $5.2B (est)Series D+2012Growth/Late · 2014-04-16 Raised $475M (real) Modeled valuation $12.7B (est)Growth/Late2014Growth/Late · 2015-07-14 Raised $1.5B (real) Modeled valuation $40.1B (est)Growth/Late2015Growth/Late · 2016-07-28 Raised $555M (real) Modeled valuation $14.9B (est)Growth/Late2016Growth/Late · 2016-07-28 Raised $1.0B (real) Modeled valuation $26.8B (est)Growth/Late2016Growth/Late · 2019-04-15 Raised $202M (real) Modeled valuation $5.4B (est)Growth/Late2019Growth/Late · 2019-08-05 Raised $26M (real) Modeled valuation $693M (est)Growth/Late2019+$1.6M+$200M+$475M+$1.5B+$555M+$1.0B+$202M+$26MCumulative $4.1B

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series D+$117.1M · 2011
Series D+ extension$1.6M · 2012
Series D+ extension$200.0M · 2012
Growth/Late$475.0M · 2014
Growth/Late extension$1.5B · 2015
Growth/Late extension$555.5M · 2016
Growth/Late extension$1.0B · 2016
Growth/Late extension$201.6M · 2019
Growth/Late extension$25.9M · 2019

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 29%.

Modeled valuation trajectory
$693.3M
Base estimate est.
$171.8M
Conservative case
$1.2B
Upside case
$259.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the space/aerospace sector profile. Directional, not a quoted figure.

Series D+ · modeled $3.0B · 2011-07-222011Series D+ · modeled $40.8M · 2012-07-10Series D+ · modeled $5.2B · 2012-12-05Growth/Late · modeled $12.7B · 2014-04-16Growth/Late · modeled $40.1B · 2015-07-14Growth/Late · modeled $14.9B · 2016-07-28Growth/Late · modeled $26.8B · 2016-07-28Growth/Late · modeled $5.4B · 2019-04-15Growth/Late · modeled $693.3M · 2019-08-052019
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
77%
Survival probability
66% low · 83% high
1.23×/yr
Annual markup
1.34×/yr upside case
6.0 yr
Elapsed time used
6.9 yr actual, capped for stale marks
space/aerospace
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$438.4M/yr
Capital velocity
14.9 yr
On record since
2011
First round
9
Rounds on file
How it compares to the market

Benchmarked against 133 companies in Space / Aerospace. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 743× above median
This company$3.5B
Sector median$4.7M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.1× of median
This company$25.9M
Sector median$475.0M
Modeled value — vs sector median (estimate, all stages) 18× above median
This company$693.3M
Sector median$38.2M

Raised more than 99% of sector peers (real $). Modeled value above 95% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

Not enough valued peers in this cohort to chart positioning.

CompanyStageRaised · realValue · estvs peer med.
Relativity Space, Inc.Growth/Late$1.3B$14.4B1.91×
Airbnb, Inc. this companyGrowth/Late$3.5B$693.3M0.09×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series D+$117.1M2011-07-22$975.4M$3.0B85%
Series D+$1.6M2012-07-10$13.1M$40.8M85%
Series D+$200.0M2012-12-05$1.7B$5.2B85%
Growth/Late$475.0M2014-04-16$4.8B$12.7B85%
Growth/Late$1.5B2015-07-14$15.0B$40.1B85%
Growth/Late$555.5M2016-07-28$5.6B$14.9B85%
Growth/Late$1.0B2016-07-28$10.0B$26.8B90%
Growth/Late$201.6M2019-04-15$2.0B$5.4B90%
Growth/Late$25.9M2019-08-05$259.2M$693.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series D+$117.1M2011-07-22
    • First recorded raise — entered as Series D+.
    • 27 investors on this round.
  2. Series D+$1.6M2012-07-10
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 74.6× smaller than the prior — bridge or down round.
    • 37 investors on this round.
  3. Series D+$200.0M2012-12-05
    • Came back fast: 5 mo vs the ~12 mo sector norm.
    • Round 127.5× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 22 investors on this round.
  4. Growth/Late$475.0M2014-04-16
    • Raised 16 mo later, in step with the ~12 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 97 investors on this round.
  5. Growth/Late$1.5B2015-07-14
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 3.2× larger than the prior — scaling up.
    • 115 investors on this round.
  6. Growth/Late$555.5M2016-07-28
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 2.7× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 27 investors on this round.
  7. Growth/Late$1.0B2016-07-28
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× larger than the prior — scaling up.
    • 40 investors on this round.
  8. Growth/Late$201.6M2019-04-15
    • Raised again after 33 mo — slower than the ~12 mo sector norm.
    • Round 5.0× smaller than the prior — bridge or down round.
    • 128 investors on this round.
  9. Growth/Late$25.9M2019-08-05
    • Came back fast: 4 mo vs the ~12 mo sector norm.
    • Round 7.8× smaller than the prior — bridge or down round.
    • 25 investors on this round.
Intelligence
2020 ~Q3
Modeled next raise · ~12mo cadence
$25.9M
Modeled next size est.range $25.9M$41.5M
0.1×
Last step-up
$438.4M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Jeff Jordan11 other2011-07
Alfred Lin9 other2012-12
Greg McAdoo6 other2011-07
Laurence Tosi4 other2015-07
Andrew Swain2 other2012-12
Ann Mather1 other2019-04
Greg Greeley1 other2019-04
Kenneth Chenault1 other2019-04
Varsha Rao1 other2014-04
Angela Ahrendts2019-08
Ari Balogh2019-04
Belinda Johnson2011-07
Brian Chesky2011-07
Dave Stephenson2019-04
Joe Gebbia2011-07
Nathan Blecharczyk2011-07
Registry & provenance

Airbnb, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1559720
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
FlightCar
FlightCar is the Airbnb of Car Rentals at Airports. We allow people…
76%
AirHost, LLCLodging and ConventionsPre-Seed$540K73%
Roomblocker
Hotel booking for groups and events.
Hospitality / Travel72%
Tab
Revolutionising the way travellers discover, plan and book a trip
Fintech70%
Adventurous Co
Disney meets Airbnb Experiences
69%
Homebase
Personalized rent-to-own real estate financing using technology in SEA
Fintech69%
MyVR
The open platform for the vacation rental industry.
Hospitality / Travel69%
Hipmunk
Hipmunk takes the agony out of searching for flights, accommodations,…
Hospitality / Travel68%
Frequently asked
How much funding has Airbnb, Inc. raised?
Airbnb, Inc. has raised approximately $3.5B in disclosed capital across 8 recorded financing rounds, aggregated from public filings.
What is Airbnb, Inc.'s estimated valuation?
Provath's modeled valuation for Airbnb, Inc. is approximately $693.3M (modeled range $171.8M–$1.2B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Airbnb, Inc. at?
Airbnb, Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Mon Aug 05.
What does Airbnb, Inc. do and where is it based?
Airbnb, Inc. operates in the Space / Aerospace sector, based in SAN FRANCISCO, CA, USA. Book accommodations around the world.
Explore related

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