What is Selina?
Selina operates as a multifaceted hospitality brand that caters to the modern nomadic professional and leisure traveler. By blending custom-designed hostel accommodations with integrated coworking spaces, recreation, and wellness facilities, the company addresses the growing demand for flexible, community-centric environments. Founded in Latin America in 2015, Selina distinguishes itself by partnering with local artists and creators to transform existing buildings into immersive, culturally relevant destinations. Its market position is anchored in its ability to bridge the gap between traditional hospitality and the requirements of the digital nomad economy, spanning locations from bustling urban centers to remote, scenic retreats.
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 Global Founders Capital and Picus Capital
Share Placement (2022): $54M, investors not publicly disclosed
Debt (2023): $50M led by Global University Systems
Key Investors in Selina
Global University Systems
A global network of higher education institutions that leverages extensive infrastructure and online capabilities to deliver international education services.
Abraaj Group
A global investment firm focused on growth markets across Africa, Asia, Latin America, and the Middle East, managing significant assets in logistics and technology.
Global Founders Capital
A venture capital firm specializing in early-stage and growth-stage investments, providing strategic support to high-potential technology companies.
What's next for Selina?
With the infusion of this latest capital, Selina is well-positioned to further optimize its operational efficiency and expand its global network. The strategic focus will likely shift toward strengthening its asset-light model, enhancing its digital platform for remote workers, and deepening its penetration in key international markets. As the company matures, the emphasis will remain on scaling its unique ecosystem while maintaining the high-touch, localized experience that has become its hallmark. Investors will be monitoring how the firm utilizes this financing to navigate the complexities of the global hospitality market and sustain its competitive advantage in the face of shifting travel and work trends.
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