Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamless managed experience. In terms of real estate supply availability, Sonder has just scratched the surface with only 0.8% of new apartment units to be contracted in their current US markets, and only 1.8% of global hotel units to be contracted. In April 2021, vacation rental and hospitality industry observers are looking at a new investor presentation deck from Sonder. The way Sonder achieves this is through cutting out the fat in the hospitality industry through technology. The Investor Relations website contains information about Dave Inc.'s business for stockholders, potential investors, and financial analysts. The company is still very much an urban player, but it has a lot of hotels to its inventory of short-term rentals. The Sonder app gives guests full control over their stay. Free access to premium services like Tuneln, Mubi and more. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Further information about these measures appears under "Key Terms" below. On the pre-existing high cleaning standards with additional Covid-19 specific recommendations from the WHO, CDC and Canadian Public Health Agency guidelines, Sonder ensures every single housekeeper undergoes extensive training to ensure they employ Sonders high standards each and every time. Distributed by Public, unedited and unaltered, on 10 August 2022 21:08:00 UTC. Sonder Holdings Inc. published this content on 10 August 2022 and is solely responsible for the information contained therein. San Francisco, California, United States 501-1000 Post-IPO Equity Public www.sonder.com 869 Highlights Stock Symbol NASDAQ:SOND Total Funding Amount $839.6M Contacts 516 Employee Profiles 16 Investors 35 Similar Companies 33 Sonder has raised more than $560 million to date, with its Series E round in 2020 giving the company a $1.3 billion valuation. Governance Documents Board of Directors Management Advisors Committee Composition. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Stocks - Flora Growth. Instead, guests are sent a secure key code prior to arrival for a completely contactless check-in. Cleaning is being tracked through Sonders housekeeping app, while all cleanliness standards and protocols have been updated to reassure guests of their safety during their stay. This includes any unit that has a signed real estate contract, regardless of whether or not the unit is available for guests to book. You can read the details below. Free Cash Flow ("FCF") is defined as our cash provided by (used in) operating activities plus any changes to capital expenditures and internally developed software, both of which are included in cash provided by (used in) investing activities, excluding the impact of restructuring charges, if any. Debarshi Ghosh. In this way, they collaborate and add value to the hospitality industry within that city and allow real estate developers to have a quicker turnaround. booking trends tend to favor rural areas. Before COVID-19, Sonder was pretty much agnostic when it came to listing on OTAs such as Airbnb and Booking.com. Lets have a look at Sonders presentation, along with our selection of and comments on the Top 10 slides. Also, securities and options traded in over-the-counter markets may trade less frequently and in limited volumes and thus exhibit more volatility and liquidity risk.The content on this site is not intended to serve as financial advice nor should it be the sole basis for any investment decisions. We're a very locally driven organization, with teams on the ground in cities across the world. Please declare your traffic by updating your user agent to include company specific information. The Takeover Date represents the date on which Sonder receives the keys and is able to begin onboarding a building (e.g., moving in furniture, staging / photographing units for listing). Yet, at least in the US, cities are starting to rebound. 2021, Volt Equity (Volt). In Sonder's November investor presentation, they conservatively projected their revenue to grow to ~$4B in 2025. On the company website, property owners can find out about Sonders promises about returns. At the time, property managers and industry experts were impressed by the details revealed: Expansion plans, unit metrics, cost savings due to technology, and ambitions for the brand. Discover key business and financial data (ADR, unit metrics, occupancy, margin, etc. Occupancy Rate ("OR") is defined as Occupied Nights divided by Bookable Nights, expressed as a percentage. Volt does not seek to solicit or offer any of its products or services to any persons to whom doing so would otherwise be prohibited under the laws applicable to their place of citizenship, domicile or residence.Some of the content on this site may contain forward-looking statements, including but not limited to statements related to future expectations, based on Volts current outlook and assumptions. Hypothetical model results have many inherent limitations, some of which, but not all, are described herein. Investor Relations. Launched in 2015, Hostaway has helped thousands of vacation rental property managers regain their focus on growing their business. Each Sonder is purposefully selected, designed and maintained customized to reflect the vibe of its neighbourhood. Sonder believes that these non-GAAP financial measures are useful in evaluating its operating performance, and may assist investors in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. Sonder | Series D Deck Jul. Moreover, they do not have to worry about low occupancy rates during low seasons and seasonal hiring during high travel seasons. Occupied Nights represent the total number of nights occupied across all Live Units. The Rental Scale-Up vacation rental marketing blog. Success! In the deck, the company shares its plans to expand to Asia by 2025. 01/30/2023 08:00 AM ET. Investor Presentation. NIRE 35.300.351.452. Get research, business strategy, and tech analysis delivered to your inbox. JavaScript is disabled! Decoding Airbnbs strategic priorities for 2023, Airbnb Attains Yearly Profitability for First Time in 2022, Breaking Records With Most Profitable Quarter Ever, Start using PriceLabs for free for 30 days, Property Management System for Vacation Rentals. View All Annual Reports. Financials. The quasi-hotel company Sonder is revolutionizing the short-term rental market space and is on a mission to redefine hospitality by bringing exceptional stays around the globe. Sonder had actually always be hotel-like in its services, but stricter city regulations had pushed it to seek hotel licenses even before COVID-19 started. In cities, Sonder wants to compete against upper upscale hotels. And improving their Revenue per Available Room (RevPAR) from $74 to $165. Gores Metropoulos raised $450 million in a January initial public offering. Sonder is transforming the future of hospitality. Private Equity/Venture Capital/Angel Investor in the Fintech/Blockchain and Hotel/Hospitality Sector, Do not sell or share my personal information. Find out , Wunsch Brautkleid Seed Stage Startup Pitch Deck, Yomp pitch deck to raise seed investment , Tao Capital Partners,Valor Equity Partners,WestCap. Building the future of hospitality, Sonder has blazed their way into the hospitality business and has been dubbed the unicorn of the industry as much as the Travels Newest Billion-Dollar Brand. Now check your email to confirm your subscription. By using this site, you are agreeing to security monitoring and auditing. This enables Sonder to become an integral part of the community. The information that can be accessed through hyperlinks or website addresses included herein is deemed not to be incorporated in or part of this presentation. Innovative and ambitious companies such asDomio, Lyric, and Stay Alfredclosed their doors in 2020. THE LEADING HOLISTIC HEALTH AND WELLNESS PLATFORM THAT DELIVERS RESULTS 1 . Investor presentations are an important but often overlooked aspect of entrepreneurial efforts to secure financing for their businesses. Here, Sonder wants to show that its urban properties can catch this wave, as younger people are willing to travel and as international and business travel are still a bit down.This is snapshot which makes sense today. In essence, Sonder is a hotel-quality room without the commercial feel of a hotel. 2023-01-23 View all with same reporting date. How about a sneak peek at Sonders 2021 investor slide deck? Apellis SYFOVRE FDA Approval Conference Call Presentation 840.9 KB. It covers key points of your business such as your vision, market opportunity, products and services, high-level financials and funding needs. With great beaches and world-famous attractions such as Walt Disney World and Universal Studios, the state attracts many families who book a vacation rental for their stay. A 24-hour concierge service can be contacted via the Sonder app. Yet, as the company wanted to grow in markets hostile to short-term rentals, such as New York City, it started adding hotel properties that could be modernized and would comply with local regulations.What Sonder was actually building was a hospitality brand and it could stretch across various property types. Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on M.. Sonder Holdings Inc. : Change in Directors or Principal Officers, Financial Statements and.. Sonder Holdings Inc. Appoints Chris Berry as Interim Principal Financial Officer. FLGC: $0.37: Q3 2022 FLGC Earnings Call. The company was launched in 2014 and cofounded by Francis Davidson and Martin Picard. Except as required by law, Sonder does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this presentation. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. Sonder Holdings Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4), Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023, Sonder Holdings Inc. Sonder makes better stays accessible for everyone. Investor Contact Meredith Kaya (617) 599-8178 meredith.kaya@apellis.com. Free Cash Flow Margin is defined as Free Cash Flow as a percentage of revenue. Sonder hopes to expand into other parts of the world, such as Asia. Total Portfolio represents Live Units plus Contracted Units. By providing 24/7 guest support, self-check-in, stocked kitchens, crisp linens, and everyday amenities, Sonder ensures a unique, yet consistent experience. Many services like the front desk, concierge, customer service, cleaning are replaced with their app. The Sonder app gives guests full control over their stay. FF&E Allowance Realized represents cash payments from real estate owners received for capital expenditure financing. There was an error submitting your subscription. This is an exciting opportunity to develop innovative sales strategies to help close . Starting from right to left: Usually a lodging provider would need to make a trade-off in terms of these 3 dimensions of price, design, quality consistency. Source: Sonder Investor Presentation (Nov 2021) If their 2025 revenue projections are close, using the 2x - 8.6x revenue multiples, their market cap growth from their $2B baseline today would be $8B - $34B in 4 years time. According to a report published by betakit, Sonder co-founder and CEO Francis Davidson opened up about the acquisition plans in April 2021, and SEC filings confirm that the company reached an agreement with Gores. Peter Thiel on Identifying Disruptive Companies: 10x Better than Competitors. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options - from spacious rooms to fully-equipped suites and apartments - found in over 35 markets spanning ten countries and three continents. In a report by Businesswire dated 18 January 2022, Sonder Holdings Inc. announced it completed its previously announced business combination with Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) ("GM II"), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC, and Metropoulos & Co. A special meeting of Gores Metropoulos II stockholders approved the business combination on January 14, 2022. Sonder is clear about its ambition to build a new kind of hospitality brand (who would want to create an outdated brand??). In addition to the very compelling narrative and numbers presented in Sonder's investor presentation, Sonder's strategic advantage relative to both incumbents and potential new entrants makes us believe Sonder's stock has the ability generate over 1,000% return in the next 5 years. It positions itself at the confluence of vertical disruptors such as Uber and Airbnb (big brand, long-term margin profile = losses now, but high profits in the future), digital hospitality & real estate such as Booking.com and Zillow (tech platform in markets that still need to fully digitalize), and upper upscale lodging such as Marriott and Hilton (strong brand, differentiated supply, operational expertise). 2021, and a copy of an updated investor presentation provided in a Current Report on Form 8-K filed by GMII with the SEC on July . Like many companies in late 2020 and early 2021, it is going public via a special acquisition company (SPAC). Sonder pays rent (or utilizes pre-negotiated abatement) and is able to generate revenue from these units. www.HelpWriting.net This service will write as best as they can. As a new player, its brand was not famous enough to attract direct bookings and its existing customer base was not large enough to make up for flow of new customers booking new Sonder locations on OTAs. 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. JMP Securities Adjusts Price Target on Sonder Holdings to $2.75 From $3.25, Maintains M.. Oppenheimer Adjusts Sonder Holdings Price Target to $4 From $3.75, Maintains Outperform.. JMP Securities Adjusts Sonder Holdings' Price Target to $3.50 from $8, Keeps Market Out.. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. Visit us on Twitter; Visit us on . Sonder's system is simple, easy, streamlined, and centralized. Occupancy limits - The number of guests that can occupy common areas is being limited to encourage social distancing between guests. - YMAP is a youth-led non-profit organization dedicated to connect youths with opportunities in the field of neuroscience and health sciences. IQHQ Appoints Janice Sears and Anshul Mangal as Independent Members to its Board of Dir.. Burberry Names Chief Officers for E-commerce/Digital, Merchandising, Burberry adds digital, merchandising chiefs to executive team, Sonder Holdings Inc. : Change in Directors or Principal Officers (form 8-K). Volt does not purport to provide any legal, tax, or accounting advice. An investor presentation provides a clear, concise yet informative overview of your business to potential investors. In addition, other companies may not publish these or similar metrics. This is in contrast to Airbnb, which acts as a marketplace between guests and hosts, neither leasing or owning any property. Spire Global Investor Presentation. https://www.rentalscaleup.com/author/thibault-masson/, Vrbo to Switch to Expedia Group Platform in 2023: Challenges and Opportunities. Blend's cloud-based software platform is designed to power the end-to-end consumer journey for any banking product from application to close. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Description. To Partner with Sonder, you can reach them via email on partners@sonder.com, (Source: Sonder and GMII Investor Presentation). Webcast. He also leads innovative projects for companies within the vacation rental industry. 11, 2019 120 likes 116,006 views Download Now Download to read offline Travel Building the next generation hospitality brand with $225 million in new funding. For full disclosures, please go to our Terms & Conditions page. This is the Sonder Series D Pitch Deck used to raise $225M in total from 13 investors in 2019. Nothing wrong here. We only select apartments that will delight our customers.. This excludes any units that have been exited (i.e., the lease was terminated or allowed to expire). Site - Investor Relations Nav; Overview; News; Events & Presentations. View this Presentation PDF Format Download (opens in new window) . must have JavaScript enabled in your web browser. Sonder offers a clean, modern, contact-free way to stay in neighbourhoods around the world. Our technology is used by Wells Fargo, U.S. Bank, and over 330 other financial services firms to acquire more customers, increase productivity, and deepen relationships. Yet, as the company grows internationally, and with an upscale positioning, the share of international and business travelers should grow. - Through interactive workshops, conferences, competitions, and resources to stimulate passion in neuroscience, it strives to support students in inclusive and unique ways. Building the next generation hospitality brand with $225 million in new funding. The deal is expected to close in the second quarter, pending approval. Cash Flow Positive Plan Presentation. It appears that you have an ad-blocker running. Its a new way of operating, but may soon be the only way. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Corporate Overview. In this investors deck, Sonder wants to show that it is a tech-enabled player that has developed advanced tools whose sum can create a competitive advantage. Corporate Documents Flora Filings. Existing Sonder investors, including Canada's Inovia Capital Growth Fund I, will retain 74-per-cent ownership. 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