What is Kasa?
Kasa operates as a sophisticated hospitality brand and manager, effectively transforming the traditional hotel experience through a technology-first approach. Founded by industry veterans from KKR, Apollo, Goldman Sachs, and Airbnb, the company utilizes a robust operating system to streamline property management, enhance guest satisfaction, and optimize profitability for real estate owners. By blending institutional professionalism with scalable digital infrastructure, Kasa has carved out a distinct market position, catering to a demographic that prioritizes both the consistency of a hotel and the comfort of a residential apartment. The firm's growth trajectory is underpinned by its ability to integrate seamlessly into diverse real estate portfolios, making it a preferred partner for property owners seeking to maximize asset performance in a competitive landscape.
How much funding has Kasa raised?
Kasa has raised a total of $160M across 4 funding rounds:
Series A
$20M
Series B
$30M
Series C
$70M
Other Financing Round
$40M
Series A (2020): $20M with participation from Zigg Capital, Allegion, FirstMark Capital, RET Ventures, and BoxGroup
Series B (2020): $30M led by RET Ventures, Zigg Capital, and Ribbit Capital
Series C (2023): $70M supported by RET Ventures, Fireside Investments, Ribbit Capital, New York Life Ventures, FirstMark Capital, and Zigg Capital
Other Financing Round (2025): $40M featuring Silver Lake Waterman
Key Investors in Kasa
RET Ventures
A leading real estate technology investment firm, RET Ventures is the first industry-backed early-stage venture fund to strategically focus on helping build cutting-edge rent tech for multifamily and single-family rental real estate.
FirstMark Capital
FirstMark is an early-stage venture capital firm headquartered in New York City that backs exceptional founders and provides a platform designed to accelerate growth through transformative access to networks and talent.
Ribbit Capital
Ribbit Capital is a venture capital firm that invests globally in unique individuals and brands who are aiming to disrupt financial services and under-innovated categories.
What's next for Kasa?
With the successful completion of this major enterprise-level funding, Kasa is well-positioned to accelerate its expansion strategy and deepen its technological moat. The company is expected to focus on enhancing its proprietary software suite, which serves as the backbone of its operational efficiency. Furthermore, the strategic backing from specialized real estate and growth-focused investors suggests a continued emphasis on scaling its footprint across key urban markets. As the hospitality industry continues to undergo a digital transformation, Kasa's ability to maintain high occupancy rates and operational margins will be critical. The firm is likely to prioritize further integration with institutional real estate partners, leveraging its unique ecosystem to drive long-term value and solidify its status as a dominant force in the modern lodging sector.
See full Kasa company page
