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Airbnb Confirms $1.5 Billion Funding; Third Highest-Valued Startup

Airbnb filed paperwork with the US Securities and Exchange Commission confirming its latest round of funding in June

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Airbnb confirms its latest round of funding worth $1.5 billion in June, making it the third-most valuable privately held startup.

Airbnb filed paperwork with the US Securities and Exchange Commission last week confirming the report according to The Wired

Airbnb is now the third-highest valued startup at $25.5 billion just behind Uber (valued at $62.5 billion) and Xiaomi ($46 billion).

The company is headed for $900 million in revenue for 2015 more than the projection of $825 million it told investors it was expecting during the July fundraising round.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

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Topics:  funding   Airbnb 

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