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SaaS Interviews with CEOs, Startups, Founders

1507 Guesty Passes 1,000 Customers, 50,000 Properties, Charging 2-5%

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 9 September 2019

⏱️ 25 minutes

🧾️ Download transcript

Summary

Amiad Soto is the co-founder and CEO of Guesty, a cloud-based SaaS platform established in 2013 designed to simplify the short-term property management process. With Guesty’s all-in-one solution, property managers can operate listings across multiple accounts, including Airbnb, Booking.com and others, from one centralized dashboard.

Transcript

Click on a timestamp to play from that location

0:00.0

Guestee founded 2013 now today over 200 people between their Tel Aviv and other remote locations

0:05.3

opening up additional locations aggressively. They're helping over a thousand, many thousand

0:09.8

property managers, managed between 50 and 100,000 total properties. The way they make money is

0:15.4

they charge those property managers anywhere between two, three or four percent, depending on

0:19.7

how many kind of guesty products

0:20.9

they onboard of whatever kind of short-term rents they're bringing in. Again, that's the value

0:25.6

guesty brings. They've raised about 23 million bucks to do this. Economics pretty sticky, so one to two

0:30.7

percent revenue churn per month, but net revenue retention well north of 100 percent because of

0:35.7

really great aggressive kind of expansion opportunities

0:38.6

that they drive from year one to year two where they're typically 5xing the number of properties

0:42.9

of property manager is serving because of the time they save. Hello everyone. My guest today is

0:48.0

Amiad Soto. He's the co-founder and CEO of a company called Guesti, a cloud-based SaaS platform

0:53.1

established in 2013 designed to simplify the short-term property management process. With Guesti, a cloud-based SaaS platform established in 2013 designed to simplify

0:55.0

the short-term property management process. With Guestie's all-on-one solution, property managers

0:59.4

can operate listings across multiple accounts, including Airbnb, booking.com, and others from one

1:04.9

centralized dashboard. Amiata, are you ready to take us to the top? Yeah, thank you for having

1:10.3

you bet. Thanks for coming on. So are you kind of, us to the top? Yeah. Thank you for having me. You bet.

1:11.1

Thanks for coming on.

1:11.8

So are you kind of, you know, used to be a real estate investor.

1:15.5

And then you said, I want to do software now.

1:17.2

And that's how it happened.

1:18.0

Or tell us when you launched guesty and how you got there.

...

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