Airbnb may raise a massive $500 million round with a valuation of $10 billion, according to an anonymously sourced report from the Wall Street Journal.
Airbnb is said to be raising between $400 million and $500 million, led by TPG, a massive firm that has funded companies ranging from Burger King to J. Crew. If true, this round will bring Airbnb’s total funding to between $726 million and $826 million — the firm previously raised $326 million since its founding in 2008. An Airbnb spokesperson declined to comment on the news. TPG did not immediately respond to VentureBeat’s request for comment.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1179287,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,entrepreneur,","session":"A"}']Correction: A previous version misnamed TPG Capital.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More