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Venture Capital News: Kasa Living Closes $70M Series C Round

2023-10-31
NEW YORK, NY, Kasa Living, the leading tech-powered hospitality brand, today announced the close of a $70 million Series C fundraise.
Citi Ventures and FirstMark Capital led the all equity round with participation from new investors New York Life Ventures and Fireside Investments. All major existing investors including RET Ventures, Zigg Capital, and Ribbit Capital participated in the twice upsized and oversubscribed round.

Kasa Living is a tech-powered, flexible accommodations brand and operator founded in San Francisco in 2016 by Roman Pedan. Kasa partners with real estate owners to transform investor-owned multifamily apartments, boutique hotels, and single-family homes into professionally managed accommodations. Leveraging advanced technology and deep industry experience with a team from Airbnb, KKR, and Apollo, Kasa delivers high-quality experiences to guests of all types.
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