Casai Raises $48 Million, Mexico's Largest Series A, to Build a New Kind of Hospitality Brand
Amount Raised
$48 Million
Round Type
series a
Mexico CityDescription
Casai, an emerging markets hospitality brand that offers beautiful and intelligent living spaces suited for the nomadic generation, today announces a $48 million Series A including $23 million in equity funding and up to $25 million in debt financing from TriplePoint Capital. The round is the largest Series A raised by a company in Mexico today and one of the largest in Latin America. Led by Andreessen Horowitz, the equity funding includes participating investors Andreessen Horowitz’s Cultural Leadership Fund, Kaszek Ventures, Monashees Capital, Global Founders Capital, Liquid 2 Ventures, Tom Stafford (managing partner of DST Global), and founders of leading startups including Nova Credit, Loft, Kavak, and Runa. The new capital follows Casai’s $5 million seed funding led by Kaszek Ventures and Monashees, bringing Casai to a total of $53 million raised.