Airbnb-Backed Zeus’s Value Is Halved in New Funding Round
Bloomberg
A corporate-housing startup backed by Airbnb Inc. has raised money at roughly half the valuation it commanded five months ago, as the coronavirus pandemic ravages the lodging industry. Zeus Living Inc. raised about $15 million in equity and debt at a valuation of about $110 million from existing investors CEAS Investments I, Initialized Capital Management and Soros Fund Management, according to people familiar with the matter….