Anyplace, a Short-Term Rental Company, Secures $10.27M in Series B Funding

In a significant stride towards revolutionizing the extended-stay accommodation sector, Anyplace, the renowned short-term rental company, has successfully closed a Series B funding round, raising an impressive $10.27 million. This latest funding round has now brought the company’s total funding to a substantial $18 million, fueling the company’s ambitious plans for expansion and innovation.

Of the $10.27 million secured in this Series B round, $8.27 million was raised as equity from a pool of prominent investors, while an additional $2 million was obtained through debt financing from Silicon Valley Bank. Notably, the round witnessed enthusiastic participation from a distinguished group of backers, including CapitalX, Gaingels, Riverside Ventures, Potluck Ventures, MSIVC, FreakOut Shinsei Fund, Delight Ventures, and a consortium of individual supporters, affirming the strong belief in Anyplace’s vision and potential.

Under the astute leadership of CEO and Founder, Steve Satoru Naito, Anyplace has emerged as a game-changer in the hospitality industry, offering fully furnished apartments designed to cater to the unique needs of guests seeking accommodations for 30 days or longer. Each apartment comes equipped with high-speed internet connectivity and a well-appointed home office setup, catering to the demands of remote workers and travelers.

Currently, Anyplace operates in some of the most vibrant cities across the United States, including San Francisco, New York City, Los Angeles, and San Diego. With the infusion of this fresh capital, the company has its sights set on a national expansion plan scheduled for the fourth quarter of 2023.

This meteoric growth trajectory can be attributed to strategic partnerships with real estate behemoths such as Greystar, Avalon Bay, and UDR. These partnerships have not only facilitated the rapid expansion of Anyplace’s property portfolio but have also underscored the growing demand for flexible, extended-stay accommodations that combine the comforts of home with the flexibility of short-term rentals.

With this new infusion of capital, Anyplace is well-positioned to further disrupt the extended-stay accommodation market and expand its footprint across the United States, providing travelers and remote workers with a convenient and comfortable home away from home.