News and Analysis

Hospitality brand Sonder pockets $170m Series E

Sonder, a San Francisco- and Montreal-based hospitality brand, has closed US$170 million in Series E financing, according to a blog post.

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Sonder, a San Francisco- and Montreal-based hospitality brand, has closed US$170 million in Series E financing, according to a blog post. Fidelity, WestCap and Inovia Capital led the round, which brings Sonder’s valuation to US$1.3 billion, said the company. Sonder said it expects to increase its Series E funding to about US$200 million in the coming weeks.

Source: Blog post