Hostaway Secures Largest Market Segment Investment with General Atlantic's $365 Million Infusion

Hostaway, a top-tier vacation rental software firm, has successfully finalized a $365 million investment led by experienced growth investor General Atlantic, with PSG Equity participating. This significant capital injection follows a $175 million raise in 2023 and is the largest in its sector. The investment will aid Hostaway in furthering its international growth, expanding its product capabilities, and advancing its AI tools. General Atlantic and PSG Equity will become notable minority shareholders, marking the transaction as the largest in Hostaway's segment. Hostaway, founded by Marcus Røder, Saber Kordestanchi, and Mikko Nurminen, has grown substantially, boasting over 200 marketplace partnerships in 90 countries, facilitated by PSG Equity's earlier support. The company efficiently manages short-term rental properties with a comprehensive suite of tools including AI-enhanced options and automated systems. Operating remotely with 230 employees across 44 countries, Hostaway is a market leader characterized by innovation and expansion in vital markets such as France, Italy, and Spain. General Atlantic offers leadership expertise in scalable vertical software solutions and integrated payment systems, supporting Hostaway's growth amid increasing global demand for efficient short-term rental management tools.