The short-term real estate marketplace Airbnb has raised another $850 million in new funding round that valued it at $30 billion, comparing with its value around $25 billion a year ago, said by the company in Series F filing with the State of Delaware, without disclosing who are the investors.
Airbnb, founded in 2008, remains among the top four most valuable privately-held companies in the world, behind Uber, Xiaomi and Didi Chuxing, according to CB Insights. This new financing round made Airbnb became the second only to Uber in the herd of unicorns, private companies that are valued at over $1 billion. The San Francisco-based company also comes on the heels of the home sharing company securing $1 billion in debt financing from JPMorgan, Citigroup, Bank of America and Morgan Stanley. In 2015, the company raised $1.6 billion, giving it a $25 billion valuation at the time. The additional $850 million pushes its valuation higher than Marriott International (MAR), which has a market capitalization of $18.7 billion.
Although Airbnb develops fast and runs well in the home sharing service includes community rental company more than 34,000 cities and 191 countries, Airbnb still wants to stay a private held company as long as possible, which is now not expected to happen until 2018 at the earliest to launch its initial public offering. For the reason that Airbnb tries to delay its IPO is that the IPO in the U.S. market has dried up at this time, from the fact that the decreased raising capital of $11.5 billion from 54 new IPOs in the U.S. so far this year, comparing with $22.9 billion raised through 118 new deals in the same seven month period last year. What’s more, since Airbnb still wants to expand their new market, staying private company could help Airbnb avoids pressure from shareholders and Wall Street analysts.