Frontdesk
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | <1m | 4.0m | 7.0m | 8.9m | 15.8m | 22.1m |
% growth | - | 357 % | 75 % | 27 % | 78 % | 40 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $800k | Seed | |
$2.8m | Early VC | ||
* | N/A | $6.8m | Series A |
N/A | Convertible | ||
* | $7.0m | Series B | |
* | $13.0m | Series B | |
* | N/A | $4.8m | Early VC |
* | N/A | N/A | Bankruptcy |
Total Funding | AUD54.4m |
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EditFrontdesk is a short to mid-term apartment rental company that provides comfortable stays in prime neighborhoods across 27 U.S. cities. The company caters to travelers seeking to explore new cities while living like locals, offering accommodations in both historic buildings and modern settings. Frontdesk's business model revolves around leveraging revolutionary technology and a value-driven culture to create memorable travel experiences. The company generates revenue through rental fees for its over 500 suites, which are designed to meet the needs of both short-term and mid-term stays. Frontdesk prioritizes secure policies for its apartment communities and aims to deliver exceptional customer service through its innovative and creative team. The target market includes business travelers, tourists, and anyone in need of temporary housing solutions in major U.S. cities.
Keywords: short-term rentals, mid-term rentals, apartment suites, U.S. cities, local living, historic buildings, modern accommodations, revolutionary technology, secure policies, customer service.