Israeli Airbnb Service Guesty Raises $1.5M

June 11, 2014 | Guesty (formerly superhost), a service for property owners to manage their apartments listed on Airbnb, raised $1.5M according to report in Geektime. The current financing round was led by Magma Ventures, a group of American angel investors and the company’s accelerator, Y Combinator. The company’s founders, Amiad and Kobi Soto, told Geektime that they hope to use the new batch of funds for development, recruitment of programmers and to fully automate their system, which offers services to property owners to make it easier for them to use Airbnb. Recently the popular site to sublet lodgings has come under criticism from municipal authorities in cities like New York for avoiding the municipal taxes on rent and lease agreements, a challenge that Guesty’s founders hope that their service will be able to address.