Airbnb files to raise $850 million at $30 billion valuation

Airbnb has been restrained about how much capital it takes on compared with ride-sharing company Uber Technologies Inc, which has raised more than $15 billion in equity and debt.

Airbnb files to raise $850 million at $30 billion valuation
By Eric Newcomer and Ellen Huet
The home-sharing company Airbnb Inc is raising $850 million, according to a disclosure filed with the state of Delaware.

The equity round values the San Francisco-based company at $30 billion, people told Bloomberg in June. The private stock market company Equidate provided Airbnb's July 28 filing.

A spokesman for Airbnb declined to comment. The filing does not disclose who is making the investment.

Airbnb has been restrained about how much capital it takes on compared with ride-sharing company Uber Technologies Inc, which has raised more than $15 billion in equity and debt. Airbnb and Uber are often discussed together because they were founded within a year of each other and have come to define the on-demand economy. Uber is valued at almost $68 billion.

In July 2015, Airbnb raised $1.6 billion at a $25.6 billion valuation, according to Equidate. With the $850 million disclosed in last week's filing, Airbnb has raised about $3.2 billion in equity, according to Equidate.

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Airbnb in June secured a $1 billion debt facility from JP Morgan Chase & Co, Citigroup Inc, Bank of America Corp and Morgan Stanley.


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