Inovia’s Full Stack team has developed a strong perspective and depth of knowledge in the travel space, and so when the opportunity arose to participate in Sonder’s Series D growth round, we were excited to dig in. With an exceptional understanding of the shifting dynamics in hotel accommodations, a rigorous mindset, attention to detail, and a vision for the future, Sonder Co-Founder Francis Davidson and his team have rapidly built a powerhouse brand. Their truly people-first and experience-first mindset is reshaping the future of travel and cities in a way that resonates with our own people-first investment approach. From the company:
Each of Sonder’s thousands of spaces across the globe is purposefully selected, designed and maintained directly by Sonder. Whether a stay is two days, two months or two years, in a studio or a six-bedroom, Sonder ensures a unique, yet consistent experience. By forging relationships with communities, developers and local governments, Sonder enhances each city’s culture and vibrancy.
For cities, Sonder partners with developers to renovate blighted properties and stabilize new construction.
For businesses, Sonder encourages visitors to discover cities by suggesting nearby shops and eateries.
For local economies, Sonder’s employee footprint in each market results in millions of dollars annually spent on salaries, vendors and suppliers.
“Working with the Inovia team through the ravages of the pandemic has been nothing short of extraordinary. They stepped up to lead our Series E at a moment when the travel industry was on its heels, demonstrating with actions – not words – that they are in it for the long run, through thick and thin.
A year later, we're back on the offense with explosive growth on the horizon, which will be supported by hundreds of new jobs in Montreal, the result of a partnership with the Quebec government that Inovia helped craft.”
— Francis Davidson, Co-founder & CEO, Sonder