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Sonder raises US$135 million in funding to build the future of hospitality

Fasken
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Overview

Client

Sonder Canada Inc.

On August 23, 2018, Sonder announced a US$ 85M Series C financing round led by Greenoaks Capital, with participation from ScaleUP Ventures, Real Ventures, Greylock Partners, Structure Capital, and Spark Capital. The company also disclosed that it had raised US$ 135M to date.

Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. It has over 2,200 units with over 3,300 rooms total in 11 cities. The company is working hard on opening locations in all major metros across the US, Canada and Europe, and will be using its funding to fuel further overseas expansion.

Fasken represented Sonder in connection with these financings with a team led by Christian Jacques that included Jean-Nicolas Delage Matthew Quadrini and Louis Lespérance.