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Airbnb, Inc.

Private Company Ticker Symbol™: (AIRBNBP)

Business Summary

Airbnb, Inc. is a privately-held online marketplace allowing anyone from private residents to commercial properties to rent out their extra space. Listings include, but are not limited to: vacation rentals, private rooms, entire apartments, and bed and breakfasts. The closely-held Internet start-up, in addition to extensive media coverage, has raised significant interest from venture capital investors. Airbnb's headquarters are located in San Francisco, California. The company was founded in 2007 by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk.

Jump to Airbnb, Inc.: Detailed Business Description for more details on Airbnb, Inc. products and services, financial structure, Airbnb, Inc. major business events, and more.

Overview & Corporate Organization

Basic Information

Company Tags:VC Backed
Year Founded:2008
Formerly Named:AirBedandBreakfast.com
Fiscal Year End:12/31
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
1YR Employee Growth Rate:View %
3YR Employee Growth Rate (CAGR):View %
City:San Francisco
State/Province:California
Country:United States
Phone:View
Website:www.airbnb.com

Corporate Organization

Parent Companies:
AirBed & Breakfast, Inc.
Subsidiaries:
Accoleo UG
Brands:
AirBnB
Founders:
Brian Chesky
Joe Gebbia
Nathan Blecharczyk

Industry Information

Industry Codes

PICS™:1500™, 9003™, 900123™, 900142
NAICS:View
SIC:View

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Competitors

CouchSurfing
Craigslist, Inc.
GetAround
Vayable
9flats

Charts, Financials, and Statistics (Table Format)

Below are Airbnb, Inc. financials and other business metrics displayed in table format.
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Income Statement201320122011201020092008
RevenuesView1ViewViewViewView 
Employee Figures201320122011201020092008
Total Employees ViewViewViewView 
Productivity (Revenue/Employee) ViewViewViewView 
Sales Breakdown201320122011201020092008
Booking Rates ViewViewViewViewView
Notes
Financial Notes:
*Airbnb, Inc. fiscal year end: 12/31
1Estimated... read more.
Microsoft ExcelExport All Airbnb, Inc. Financials To Excel

Charts, Financials, and Statistics (Graphs)

Below are Airbnb, Inc. financials and other business metrics displayed in table format.
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Airbnb, Inc. Revenues ($ MM):
(Displayed as graph)

Sample Graph
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Airbnb, Inc. Total Employees:
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Airbnb, Inc. Productivity (Revenue/Employee) ($):
(Revenue Per Employee, Displayed as graph)

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Airbnb, Inc. Booking Rates (Millions):
(Displayed as graph)

Sample Graph
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Mergers & Acquisitions

PrivCo's M&A Activity table for Airbnb, Inc. displays the mergers and acquisitions involving Airbnb, Inc., for example if Airbnb, Inc. acquired or was acquired by another entity, any leveraged buyout (LBO), etc.
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DateStatusTargetBuyerDeal TypePrice
DetailsJun. 2011CompletedView1ViewAcquisitionView
DetailsFeb. 2012CompletedView2ViewMinority Stake PurchaseView
DetailsMar. 2012CompletedViewViewAcquisitionView
DetailsJul. 2012CompletedViewViewAcquisitionView
DetailsJul. 2012CompletedViewViewAcq-Hire
Acquisition
View
DetailsOct. 2012CompletedViewViewAcq-Hire
Acquisition
View
DetailsDec. 2012CompletedView3ViewAcquisitionView
Notes
1AirBnB acquired Germany-based Accoleo using...Read More →
2According to the terms of...Read More →
3Terms...Read More →
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VC/Funding Activity

PrivCo's VC/Funding Activity table for Airbnb, Inc. displays the venture capital rounds, angel investments, debt or other funding raised by Airbnb, Inc..
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DateInvestorRoundInvestor Type
Feb. 2009ViewOtherBusiness Incubator / SBDC
DetailsTotal Round Other View
Apr. 2009ViewSeedVenture Capital
Apr. 2009ViewSeedVenture Capital
Apr. 2009ViewSeedAngel / Individual
DetailsTotal Round Seed View
Nov. 2010ViewAVenture Capital
Nov. 2010ViewAVenture Capital
Nov. 2010ViewAAngel / Individual
Nov. 2010ViewAVenture Capital
Nov. 2010ViewAVenture Capital
DetailsTotal Round A View
Jul. 2011ViewBVenture Capital
Jul. 2011ViewBVenture Capital
Jul. 2011ViewBAngel / Individual
Jul. 2011ViewBPrivate Equity & Venture Capital
Jul. 2011ViewBVenture Capital
DetailsTotal Round B View
Oct. 2012ViewB-2Venture Capital
Oct. 2012ViewB-2Venture Capital
DetailsTotal Round B-2 View
Total of Funding Shown Above View
Notes
1Ashton Kutcher invested later,...Read More →
2Kutcher...Read More →
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Detailed Business Description: Airbnb, Inc.

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Airbnb, Inc. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Revenues

Airbnb charges a three percent fee to those leasing out their space and a 6-12 percent fee to renters. Its growth in revenue is directly related to the site's growing popularity among travelers on a budget.

History

In 2008, Airbnb founders Chesky and Gebbia concluded their studies at Rhode Island School of Design (RISD) and moved from Providence to San Francisco. The two realized the need for a service like Airbnb upon offering up their apartment for attendees of an overbooked industrial design conference. When the two original founders needed a developer, Gebbia called on Nathan Blecharczyk, a former temporary roommate he had met on Craigslist. Blecharczyk, as Airbnb's founder and first engineer, now holds the position of CTO at the company. Blecharczyk, although first moving to Silicon Valley after graduating from Harvard, was involved with Internet technology since he was thirteen-years-old, when he ran a coding business that made nearly $1 million in revenues. In the… Continue Reading →

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Supplemental Resources

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