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Kasa Living
Short-term rental marketplace
- 201-500 employees
- B2C
- Hospitality
- B2B
- Marketplace
- Renting
- 221 Pine St, Suite 500, San Francisco, California, 94104, US
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Company mission
To build a global accommodations brand that is beloved by guests, indispensable to property partners, and desired by neighbors.
-13% employee growth in 12 months
Otta's take
Theo Margolius
COO of Otta
Existing short-term rental platforms provide temporary homes for business travelers and families, but options are often limited and compromising. Spaces often don't provide the facilities that users require to work and live comfortably, and options that do are often unaffordable.
Kasa provides a platform for short-term rental of standardized properties, with every listing providing 24/7 contactless check in services, reliable and fast Wi-Fi, fully equipped kitchens and other essentials for comfort.
This unique approach, which provides the essentials for stays at an affordable price, allows Kasa to stand out form other short-term rental services such as Booking.com and AirBnB. The company recently expanded from its apartment and hotel room speciality to include luxury single-family vacation rentals, which should allow it to capture interest from a new kind of consumer.
Benefits
- HSA contributions
- Highly-subsidized health insurance
- Unlimited PTO
- 401(k) matching
- One Medical membership
- Kasa lodging credit ($2,000 annual)
- Biannual reviews
- Remote work for most roles
- Equity in Kasa
- Access to coworking spaces
- Sponsored plan that covers infertility treatments
- 14 weeks parental leave
Company values
- Feed two birds with one scone - We make the best use of our resources
- Hall of fame hosts - Genuine care and hospitality for everyone
- Yes, and… - Flexibility helps us build on each other’s work and reach innovative solutions
- Fearless feedback - A growth mindset – applied to ourselves and our work – requires consistent, honest input
- 10x not 10% - Big thinking enables us to grow in leaps, not steps
- Seek the root cause - We direct our inquiries and efforts toward the heart of the matter
- Our 100-Year journey - No junk food and no shortcuts
Funding (last 2 of 3 rounds)
Oct 2023
$70m
SERIES C
Oct 2020
$30m
SERIES B
$120m
Total funding
This company has top investors
Founders
Roman Pedan
(CEO)Prior to founding Kasa, they worked at KKR. Over their career here, they were part of teams that purchased $1.2bn of hotel assets across the US. They were involved in every hotel transaction that KKR closed during their tenure.