This full and free Airbnb company timeline looks at how the couch-surfing company went from a barely-surviving business to a thriving marketplace valued at $10 billion.
Explore Airbnb's history through trends in employees, revenue, acquisitions, and funding, and learn where & when they've expanded and had significant events - all in this free report!
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Airbnb's Rise from Cereal Boxes to $10 Billion Valuation
1. From hand gluing cereal boxes to generate money, to a $10 billion
valuation in just six years, Airbnb has disrupted the vacation rental
business and continues to grow internationally.
A COMPANY HISTORY
May 2014 Powered by
2. AIRBNB | TIMELINE OVERVIEW
2008 2009 2010 2011 2012 2013 2014
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
AUG 11, 2008
launches as AirBed and Breakfast
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3. AIRBNB | FUNDING
$500M
$300M
$100M
$200M
$400M
$800M
TOTAL
RAISED
$600M
$700M
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
2008 2009 2010 2011 2012 2013 2014
$200M
Dec 2012
$112M
July 2011
$7.2M
Nov 2010
$20K
Dec 2008 $600K
Mar 2009
$450M
April 2014
$6.6M
Feb 2012
AXEL SPRINGER
ANDRESSEN HOROWITZ
DST GLOBAL
GENERAL CATALYST
PARTNERS
CRUNCH FUND
JEFF BEZOS
ASHTON KUTCHERSEQUOIA CAPITAL
GREYLOCK PARTNERS
SV ANGEL
YOUNIVERSITY VENTURES
ELAD GIL
JEREMY STOPPELMAN
Y COMBINATOR
SEQUOIA CAPITAL
YOUNIVERSITY VENTURES
TPG
T. ROWE PRICE
SEQUOIA CAPITAL
DRAGONEER
$776.4M
TOTAL FUNDING TO DATE
$1.3 BILLION $2.5 BILLION VALUATION$10 BILLION
FOUNDERS FUND
ANDRESSEN HOROWITZ
SEQUOIA CAPITAL
GENERAL CATALYST PARTNERS
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4. AIRBNB | ACQUISITIONS
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
Community marketplace
that bring events
and students together
Hamburg, Germany
Global homestay
network that
connects hosts
and guests
London, UK
San Francisco, CA
Allows visitors to
ask questions
about locations
and have locals
answer in real time
Montreal, CA
Hyperlocal, curated
city guides
New York, NY
2008 2009 2010 2011 2012 2013 2014
Jun 2011 Mar 2012
Allows users to tell
daily stories of their
lives through pictures
San Francisco, CA
Jul 2012
Dec 2012
App for bite-sized local
restaurant reviews
Oct 2012
Jul 2012
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6. AIRBNB | OFFICES
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
Sao Paulo, Brazil
San Francisco, CA
[Main HQ]
Aug 2008
Portland, OR
[Operational HQ]
Mar 2014
Mar 2014
(projected to open
summer of 2014)
Dublin, Ireland
[European HQ]
Sep 2013
Sep 2013
Feb 2012
Feb 2012 Feb 2012
Feb 2012
Feb 2012
Moscow, Russia
Copenhagen, Denmark
Barcelona, Spain Milan, Italy
Sydney, Australia
Singapore
Paris, France Jan 2012
Jan 2012
Jan 2012
Jan 2012
Jan 2012
Berlin, Germany
London, UK
Hamburg, Germany
Oct 2012
Oct 2012
Oct 2012
Oct 2012
Delhi, India
HEADQUARTERS
2008 2009 2010 2011 2012 2013 2014
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Apr 2012
8. AIRBNB | HIGHLIGHTS
500K
600K
300K
100K
200K
400K
FUNDING
ACQUISITIONS
EMPLOYEES
REVENUE (EST)
HIGHLIGHTS
OFFICES
Custom Cereal Boxes
Fall 2008
Dec 2008
Y Combinator invites
AirBedandBreakfast to
join incubatorās winter
session for three
months of training.
Mar 2009
Name shortened to
Airbnb.com; site expands
from airbeds and shared
spaces to variety of
properties.
Dec 2012
Awarded Appleās Best Disruptive
Service of App Store in 2012
In debt and in need of rent
money, founders Brian
Chesky, Joe Gebbia, and
Nathan Blecharczyk create
special edition political cereal
boxes. They raise $30,000.
Jun 2010
CEO Brian Chesky moves
out of his shared loft/
office space and commits
to living in Airbnb rentals
for a year.
Mar 2011
Airbnb wins Breakout
App Award at annual
South by Southwest
conference.
700K+
nights booked;
8K cities
1M
nights
booked
Jul 2011
Jeff Bezos and celeb-u-vestor Ashton
Kutcher invests in Airbnb; Kutcher
also announces new role as strategic
advisor Mar 2012
Wish list feature
launched
Nov 2012
Neighborhoods
feature launched
NUMBER OF
LISTINGS
5M
nights
booked
10M
nights
booked
34K+ cities
2M
nights
booked
2008 2009 2010 2011 2012 2013 2014
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Apr 2014
600,000+
Dec 2012
300,000
Nov 2010
50,000
Y Combinator
Officially Airbnb
Chesky airbnbs
Breakout App
Dude, whereās my airbed?
Wish lists
Neighborhoods
App Store Disruption
9. REFERENCES
Follow Airbnb and other companies on
www.owler.com
owler.com
airbnb.com
nytimes.com
thenextweb.com
wsj.com
inc.com
techcrunch.com
money.cnn.com
ft.com
oregonlive.com
businessweek.com
betabeat.com
gigaom.com