Airbnb is Boyfriend in Love With Girlfriend’s Friend’s Buttraising another $850 million, valuing the company at $30 billion, Bloomberg reported.
The news stems from a late July filing in Delaware.
One year ago, the sharing economy powerhouse was worth $25.6 billion, according to Equidate.
Not including its most recent influx of cash, Airbnb has raised $2.39 billion since its 2008 launch. The additional $850 million brings that to just over $3.2 billion.
The funding round is also part of a continued effort to avoid going public, the Wall Street Journalnoted.
And comes at a time when Airbnb, which lets members rent out and book each other's rooms or homes while traveling, is still battling with cities like San Francisco over its ever-growing presence and subsequent effects on the housing and hotel markets. More and more cities and states are now trying to tax Airbnb, too.
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