Sonder closes $170m Series E round

US: San Francisco-based hospitality startup Sonder has announced it has closed a $170 million Series E round, led by Fidelity, WestCap Group and Inovia Capital, which brings its valuation to $1.3 billion. The startup also announced that it was expecting to raise additional capital from new and returning investors, which would ultimately bring the total […]
Sonder in talks over $150-175m investment

US: Short-term rental apartment operator Sonder is reportedly in discussions with prospective investors Fidelity and WestCap Group about raising funding for the company in the region of $150 million to $175 million. The hospitality unicorn, which signs multi-year leases in residential buildings and rents out units with hotel standard amenities for short-term stays, is believed […]