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Airbnb is an online marketplace that connects travelers with hosts offering lodging, primarily homestays and vacation rentals. Founded in 2008 in San Francisco by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, it grew from renting air mattresses to a global platform operating in over 220 countries, revolutionizing the hospitality industry and going public in 2020. More Less
Oct 2007
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In October 2007, roommates Brian Chesky and Joe Gebbia put an air mattress in their San Francisco living room to rent out during an Industrial Designers Society of America conference, when travelers struggled to find lodging, as a way to help pay their rent.
Image source: Airbnb
2008
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To raise money, the founders sold cereal named after 2008 presidential candidates Barack Obama and John McCain, mostly at the Democratic National Convention, raising $30,000. This caught the attention of Y Combinator's Paul Graham.
Feb 2008
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In February 2008, Nathan Blecharczyk, Chesky's former roommate, joined as chief technology officer and third co-founder of the venture, which they named "AirBed & Breakfast".
Aug 11, 2008
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The site Airbedandbreakfast.com was launched on August 11, 2008, allowing users to book air mattresses and spare rooms in hosts' homes.
Jan 2009
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After the cereal stunt, Paul Graham invited the founders to Y Combinator's January 2009 winter session, which provided training and $20,000 in funding in exchange for a 6% interest in the company.
Image source: Y Combinator
Oct 2019
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By October 2019, two million people were staying with Airbnb each night, demonstrating the platform's massive scale a decade after its founding.
Feb 2025
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In February 2025, Airbnb cofounder and board member Joe Gebbia joined the Department of Government Efficiency (DOGE).
Image source: Department of Government Efficiency
Mar 2009
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By March 2009 the site had 10,000 users and 2,500 listings, and the company shortened its name from AirBed & Breakfast to Airbnb.com to eliminate confusion over air mattresses.
Mar 2011
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At the March 2011 South by Southwest conference, Airbnb won the "app" award, boosting its profile among the tech community.
Image source: South by Southwest
Jul 2014
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In July 2014, Airbnb revealed design revisions to its site and mobile app and introduced a new logo, the Bélo symbol meant to represent belonging.
Nov 2016
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In November 2016, Airbnb launched "experiences", allowing users to use the platform to book activities hosted by locals, expanding beyond lodging.
Jan 2017
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In January 2017, along with serial entrepreneurs Gary Vaynerchuk, Ben Leventhal and Mike Montero, Airbnb led a $13 million investment in Resy, a restaurant reservation-booking app.
Image source: Resy
May 2017
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In May 2017, the company launched Airbnbmag, a magazine co-published with Hearst Communications.
Image source: Hearst Communications
Feb 2018
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In February 2018, Airbnb announced Airbnb Plus, a collection of homes vetted for quality, comfort and design, as well as Beyond by Airbnb, which offers luxury vacation rentals.
Apr 2019
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In April 2019, Airbnb produced and financed Gay Chorus Deep South, a documentary launched by its Rausch Street Films division.
Image source: Gay Chorus Deep South
May 2025
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In May 2025, Airbnb expanded beyond home rentals by launching Airbnb Services and a redesigned Airbnb Experiences platform.
Jun 2025
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In June 2025, Airbnb became a sponsor of the FIFA Club World Cup in a three-year partnership offering "official fan accommodation" at the 2026 FIFA World Cup co-hosted by the US, Canada and Mexico, and the 2027 FIFA Women's World Cup in Brazil.
Image source: 2026 FIFA World Cup
Apr 2009
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In April 2009, Airbnb received $600,000 in seed money from Sequoia Capital, with Youniversity Ventures partners Jawed Karim, Keith Rabois, and Kevin Hartz participating.
Nov 2010
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In November 2010, Greylock Partners and Sequoia Capital invested $7.2 million in a Series A funding round, fueling Airbnb's rapid growth.
Image source: Greylock Partners
Jul 2011
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In July 2011, Andreessen Horowitz, Digital Sky Technologies, General Catalyst, and A Grade Investments partners Ashton Kutcher and Guy Oseary invested $112 million in the company.
Image source: Andreessen Horowitz
Apr 2014
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In April 2014, TPG Capital invested $450 million in Airbnb at a valuation of $10 billion, cementing its status among the world's most valuable startups.
Image source: TPG Inc.
Jun 2015
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In June 2015, General Atlantic, Hillhouse Capital Group, Tiger Management, Kleiner Perkins Caufield & Byers, GGV Capital, China Broadband Capital, and Horizons Ventures invested $1.5 billion in the company.
Image source: General Atlantic
Sep 2016
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In September 2016, Google Capital and Technology Crossover Ventures invested $555.5 million in Airbnb at a valuation of $30 billion.
Image source: TCV (investment firm)
Mar 2017
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In March 2017, Airbnb raised $1 billion in funding, bringing total funding raised to more than $3 billion and valuing the company at $31 billion.
Apr 2020
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In April 2020, Silver Lake and Sixth Street Partners acquired $1 billion in shares at an $18 billion valuation plus $1 billion in debt at interest rates of 9%–11.5%, as COVID-19 devastated travel.
Dec 10, 2020
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On December 10, 2020, Airbnb became a public company via an initial public offering, raising $3.5 billion on Nasdaq in one of the year's most anticipated debuts.
Oct 2011
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In October 2011, Airbnb established an office in London, its first international office, marking the start of its global expansion.
Jan 2012 - Mar 2012
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In early 2012, Airbnb opened offices in Paris, Milan, Barcelona, Copenhagen, Moscow, and São Paulo, accelerating its international presence.
Nov 2012
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In November 2012, Airbnb opened an office in Sydney, its 11th office location, and announced plans to launch the service in Thailand and Indonesia.
Dec 2012
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In December 2012, Airbnb opened an office in Singapore, strengthening its footprint in Southeast Asia.
Sep 2013
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In September 2013, the company announced that it would establish its European headquarters in Dublin, Ireland.
Image source: Dublin
Apr 2022
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In April 2022, Airbnb instituted a policy of unlimited remote working for almost all its employees, letting them live and work anywhere.
Image source: Remote work
May 2022
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In May 2022, Airbnb ceased operations in China, citing complicated regulations requiring detailed guest information be sent to the government and declining business from COVID-19 lockdowns; China represented less than 1% of revenue.
Image source: China
2014
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In 2014, linguist Mark Liberman criticized the extreme length of Airbnb's legal agreements, noting that its terms of service, privacy policy, and other policies amounted to "55081 words, or about the size of a short novel, though much less readable".
Jul 2016
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In July 2016, former Attorney General Eric Holder was hired to help craft an anti-discrimination policy after reports showed hosts were refusing guests whose names suggested they were black.
Image source: Eric Holder
Nov 2018
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In November 2018, Airbnb announced it would remove approximately 200 listings in Israeli settlements in the occupied West Bank, a decision at the core of the dispute between Israelis and Palestinians.
Image source: Israeli settlement
2019
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Airbnb was accused of being too willing to provide information to Chinese authorities, leading to the resignation of an executive who was also a former deputy director of the FBI, after six months on the job in 2019.
Image source: Federal Bureau of Investigation
2019
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In 2019, critics accused some Airbnb hosts in China of discrimination over their refusal to rent to Uyghurs.
Image source: Persecution of Uyghurs in China
Apr 2019
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After lawsuits in Israel and the United States alleged discrimination based on place of residence, Airbnb reversed its plan in April 2019 and instead promised to donate profits from West Bank listings to humanitarian non-profits.
Feb 12, 2020
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On February 12, 2020, Airbnb was included on a list published by the United Nations Human Rights Council of companies operating in West Bank settlements involved in activities that "raised particular human rights concerns".
Image source: United Nations Human Rights Council
Mar 2020
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In March 2020, a subdistrict court ruling in the Netherlands found that Airbnb charging service fees to both host and guest was illegal, entitling 30,000 past guests to reimbursement if they filed claims.
Image source: Netherlands
Aug 2020
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In August 2020, Airbnb temporarily banned parties in homes rented on the platform due to the COVID-19 pandemic, a measure later made permanent.
Image source: COVID-19 pandemic
2021
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In 2021, Airbnb paid $7 million to an Australian guest who was raped at knifepoint in New York City on New Year's Eve 2015 at a property rented via the platform.
Jan 2021
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In January 2021, Airbnb allowed attendees of the January 6 United States Capitol attack to book units in the Washington metropolitan area, despite most nearby hotels banning far-right extremists.
Image source: January 6 United States Capitol attack
Mar 2021 - Feb 2022
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Airbnb was one of 15 leading sponsors of the 2022 Winter Olympics in Beijing, and human rights activists asked it to drop its sponsorship in March 2021 as part of boycotts over alleged human rights violations, including the persecution of Uyghurs.
Image source: 2022 Winter Olympics
Mar 2022
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In March 2022, Airbnb suspended business in Russia and Belarus due to international sanctions during the Russian invasion of Ukraine.
Image source: Russian invasion of Ukraine
Jun 2022
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In June 2022, Airbnb announced it would permanently ban parties and events in homes on its platform, supported by hosts and neighbors who complained of nuisances; enforcement technology rolled out in August 2022.
May 2024
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In May 2024, a former Airbnb contractor alleged in whistleblower complaints to the SEC and FTC that the company had weakened its policies against extremists and hate groups and dissolved the team responsible for removing them.
Image source: Whistleblowing
Jul 2025
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A lawsuit was filed in July 2025 against Airbnb alleging that it was complicit in price gouging by hosts after the 2025 California wildfires.
Image source: List of California wildfires
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