TechCrunch | 03.09.17

Airbnb closes $1B round at $31B valuation

By Ingrid Lunden

After the vacation marketplace Airbnb last year filed SEC forms raising $555.5 million, today the company filed a new form D that has closed off its Series F with an additional $447.8 billion, bringing the total to over $1 billion – or $1,003,312,065 billion to be exact. Techcrunch has confirmed with sources close to the company that it is now valued at $31 billion.

Note: the $31 billion is $1 billion higher than the $30 billion valuation Airbnb said it had when it closed the first tranche of this Series F round.

Airbnb turned profitable in the second half of 2016 and anticipates that it will be profitable in 2017 on an Ebitda basis, the source tells us.

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