Daily Data Dive

PYMNTS’ Daily Data Dive: No IPO Plans As Airbnb Closes $1 Billion In Funding

Bursting onto the scene over the past decade, the sharing economy has disrupted some of the most traditional industries. One of the largest disruptions came to the hotels with Airbnb’s 2008 entry into the vacation rental market.

Following a filing of Securities and Exchange Commission (SEC) forms last year making over half a million, Airbnb just filed Form D to close its Series F funding.

Here are the numbers:

$555.5 million | Amount raised from 2016 SEC filing

$447.8 million | Amount raised through Form D filing for Series F closing

$1 billion | Total round of combined funding

$31 billion | New company valuation post funding round

$30 billion | Original company valuation projected

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