What is Selina?
Selina operates as a hybrid hospitality brand that integrates custom-designed hostel accommodations with coworking spaces, recreational facilities, and wellness programs. Founded in 2015 in Latin America, the company distinguishes itself by repurposing existing buildings into vibrant community hubs, often collaborating with local artists and creators to ensure each location reflects its specific cultural context. From urban centers to remote beach and jungle destinations, Selina caters to the evolving needs of remote workers and experiential travelers. Its market position is defined by an asset-light strategy that prioritizes community-driven experiences over standardized hotel offerings, allowing for rapid deployment and high engagement in high-growth travel corridors.
How much funding has Selina raised?
Selina has raised a total of $568.6M across 7 funding rounds:
Series B
$95M
Other Financing Round
$150M
Series C
$100M
Debt
$60M
Series A
$59.6M
Share Placement
$54M
Debt
$50M
Series B (2018): $95M with participation from Adam Neumann and Abraaj Group
Other Financing Round (2018): $150M led by DD3 Capital Partners
Series C (2019): $100M, investors not publicly disclosed
Debt (2020): $60M, investors not publicly disclosed
Series A (2020): $59.6M backed by Picus Capital and Global Founders Capital
Share Placement (2022): $54M, investors not publicly disclosed
Debt (2023): $50M led by Global University Systems
Key Investors in Selina
Abraaj Group
A global institution with significant assets under management, focusing on growth markets across Africa, Asia, Latin America, and the Middle East.
Global University Systems
A worldwide network of higher education institutions that leverages global reach and streamlined infrastructure to deliver innovative educational services.
Picus Capital
A venture capital firm specializing in early-stage and growth-stage investments across technology-driven sectors.
What's next for Selina?
With the infusion of $50M, Selina is well-positioned to refine its operational efficiency and expand its footprint in key global markets. The company's strategic focus remains on optimizing its digital infrastructure to better serve the growing demographic of location-independent professionals. As the hospitality industry continues to recover and evolve, Selina's ability to leverage its existing network of properties while integrating new service offerings will be critical. Future growth will likely center on enhancing the synergy between its physical assets and its digital platform, ensuring that the brand remains a preferred choice for the modern, mobile workforce seeking both productivity and authentic local immersion.
See full Selina company page
