Sonder blends hotel-grade reliability with the comfort and flexibility of apartment-style stays, offering a modern alternative to traditional hospitality. Its platform manages booking, communication, digital check-ins, and curated on-site services across hundreds of cities. Designed for travelers seeking consistency without sacrificing space or amenities, Sonder operates its entire inventory—standardizing design, cleanliness, and service. Through a mix of leases and partnerships with property owners, the company runs a scalable, tech-enabled hospitality network that streamlines operations and enhances guest experience through smart automation and centralized property control.
What Is Sonder and What Does It Do?
Sonder, founded in 2012 by Francis Davidson, Lucas Pellan, and Martin Picard, is a Thornton-based (United States)hospitality company offering tech-enabled managed vacation rentals.
Sonder employs 993+ people, supporting a platform that blends apartment living with hotel-grade consistency. It operates furnished rentals, provides concierge support, and manages guest communication, cleaning operations, and in-stay services through automation. The app facilitates seamless check-ins, digital keys, guest assistance, amenity access, and travel recommendations. Sonder’s hybrid property model serves leisure and business travelers seeking standardized, design-forward accommodations worldwide.
How Much Funding Has Sonder Raised?
1. Post-IPO
- Amount Raised: $18M
- Date: Apr 14, 2025
- Motivation: Expand property portfolio and strengthen automation tools for guest experience.
2. Post-IPO
- Amount Raised: $110M
- Date: Oct 31, 2021
- Lead Investors: The Gores Group, Fidelity Investments
- Motivation: Support SPAC transaction, scale operations, enhance financial stability.
3. Series E
- Amount Raised: $170M
- Date: Jun 24, 2020
- Lead Investors: Fidelity Investments, Inovia Capital, WestCap, Spark Capital, Greenoaks, Valor Equity Partners, Tao Capital Partners, Greylock, Atreides Management, Lennar
- Motivation: Accelerate global expansion, boost property development pipeline, and strengthen technology stack.
Total Funding Raised: $680M
Current Valuation: $1.92B (as of Oct 2021)
Latest Funding Date: April 2025
Key Investors
1. Fidelity Investments
- Details: Global investment firm with diversified public & private market exposure.
- Investment Focus Areas: Tech, hospitality, consumer internet, enterprise.
- Notable Investments: Uber, SpaceX, Airbnb, Instacart, Reddit.
2. Spark Capital
- Details: Early and growth-stage VC firm backing category-defining digital companies.
- Investment Focus Areas: Marketplaces, SaaS, fintech, consumer apps.
- Notable Investments: Slack, Twitter, Plaid, Postmates, Wealthsimple.
3. Inovia Capital
- Details: North American VC firm investing in global technology scale-ups.
- Investment Focus Areas: Marketplaces, consumer tech, SaaS, mobility.
- Notable Investments: Lightspeed, AppDirect, Bench, Hopper, Sonder.
Where Is Sonder’s Headquarters?
Sonder is headquartered in Thornton, Colorado, enabling access to U.S. urban real estate markets and strong operational logistics for its hospitality network.
What’s Next for Sonder?
Sonder aims to deepen profitability, streamline operations through automation, and expand its presence in high-demand global cities. The company is focused on optimizing building partnerships, enhancing digital guest services, and improving margins by refining property efficiency and inventory management.
Get Investor & Funding Insights with TexAu
TexAu helps sales and business teams uncover detailed fundraising information on companies like Sonder. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.
Sign Up for Free on TexAu and start uncovering detailed funding insights that give your business a competitive edge.
