Kasa Living, a technology-driven hospitality brand, recently announced the successful closure of its $70 million Series C funding round. This all-equity round was led by Citi Ventures and FirstMark Capital. Kasa’s innovative hospitality operating system aims to boost property owners’ profitability while elevating the guest experience. The company manages a diverse portfolio of multifamily apartments, single-family homes, and boutique hotels.
Through its efficient operations and commitment to customer satisfaction, Kasa has consistently achieved over 50% improvement in property profitability and received high ratings on platforms like TripAdvisor. With this new funding infusion, the company plans to expand its property portfolio significantly.
This news highlights Kasa’s continued growth as a leader in the hospitality industry.
