Apartment-hotel brand raises $100M with backing from Softbank, GGV Capital

Apartment-hotel brand Domio just closed a $100 million funding round and is attracting big investors including SoftBank, GGV Capital and Lehman Brothers–spinoff Tenaya Capital. The funding was split equally between equity and debt, according to the announcement. The equity round was led by GGV Capital, a global venture capital firm that manages $6.2 billion across 13 funds and has also funded Airbnb and Opendoor. Investors also included SoftBank NY, a subsidiary of Masayoshi Son’s SoftBank,

source https://therealdeal.com/2019/12/20/apartment-hotel-brand-raises-100m-with-backing-from-softbank-ggv-capital/