Lyric closed a 160 M$ financing round
Our portfolio company, LYRIC, raised 160 M$ in debt and equity. Airbnb led the equity financing, along with Tishman Speyer, RXR Realty, Obvious Ventures, NEA and Tusk Ventures. LYRIC is a hospitality platform for business travelers to select a hotel or an Airbnb. With this funding, the company hopes to expand its operations and go from its current 500 units to 1000 units, by the end of the year.