Kasa Living
Kasa Living is a tech-enabled, asset-light hospitality operator that partners with real estate owners to run boutique hotels and apartment-style accommodations across 45+ U.S. markets, using a proprietary AI-powered operating system and virtual front desk to serve business and leisure travelers.
- Company typePrivate
- Founded2016
- HeadquartersSan Francisco, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Kasa Living does
Kasa Living operates a tech-enabled hospitality platform that manages boutique hotels and apartment-style accommodations across more than 45 U.S. markets and 100+ locations, serving business travelers, families and groups, leisure travelers, and extended-stay guests alongside a corporate housing sales motion. The company runs an asset-light operating model in which it partners with multifamily real estate owners and hotel operators to convert their inventory into Kasa-branded stays, rather than holding real estate itself.
The core technology stack is a proprietary AI-powered hospitality operating system that automates guest-facing workflows (contactless check-in and checkout, digital key access, 24/7 Virtual Front Desk support via text, phone, and chat) and owner-facing workflows, most notably AI-driven dynamic pricing that adjusts rates using market and demand signals. Distribution runs through kasa.com, a mobile experience, and major OTAs (Airbnb, Expedia, Hotels.com, Booking.com, Tripadvisor), with channel connectivity provided through a NextPax Supply API integration.
Kasa generates revenue from guest bookings and from management fee / revenue-share arrangements with property owners. Pricing is usage-based and varies by property, date, and demand, with weekly stays receiving 10%+ discounts and monthly stays receiving up to 25% discounts. The portfolio was expanded materially in January 2026 through a strategic all-equity combination with Mint House (adding nearly 1,000 units across Washington D.C., Dallas, Nashville, Tampa/St. Petersburg, and Lower Manhattan) and further supplemented by the absorption of properties formerly operated by Sonder following its bankruptcy. The company is venture-backed (notable investors include FirstMark, Citi Ventures, Silver Lake Waterman, Ribbit Capital, Zigg Capital) and remains privately held under founder/CEO Roman Pedan.
Kasa Living firmographics
Firmographics- Name
- Kasa Living
- Legal name
- Kasa, Inc.
- Website
- https://kasa.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Kasa Living is a tech-enabled, asset-light hospitality operator that partners with real estate owners to run boutique hotels and apartment-style accommodations across 45+ U.S. markets, using a proprietary AI-powered operating system and virtual front desk to serve business and leisure travelers.
- Ownership category
- akta.pro rank
Kasa Living industry classification
Industry- Product category
- Tech-Enabled Hospitality and Vacation Rentals
- NAICS
- Traveler Accommodation (7211), Residential Property Managers (531311)
- SIC
- Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Vacation & Short-Term Rental Management (BPAJAFAI)
- akta.pro secondary industries
- Extended-Stay Brand Residences (Managed Residences) (THAGAEAM), Point-of-Sale (POS) & On-Property Commerce (THALACAI), Remote/Alternative Accommodation Management (Cabins, Tiny Homes, Glamping) (BPAJAIAG)
Keywords
Where Kasa Living is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Kasa Living business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Marketing or Sales, Personnel, Infrastructure
Revenue model
- Property Management Fees: Kasa operates as an asset-light hospitality manager, partnering with real estate owners to manage properties under the Kasa brand. Revenue is generated through management fees and revenue sharing arrangements with property owners.
- Guest Accommodations: Direct bookings through kasa.com and distribution via OTAs like Airbnb, Expedia, Hotels.com, and Booking.com. Revenue is generated from guest bookings with rates varying based on property, location, and length of stay.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Dynamic pricing based on property, dates, and demand |
| Unit Pricing | Pay-as-you-go | Extended stay discounts for 7+ nights |
| Unit Pricing | Monthly | Extended stay discounts for 30+ nights |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Kasa Living product offering
Product offeringCore offering
Kasa Living operates and manages a portfolio of apartment-style accommodations and boutique hotels under an asset-light model, partnering with real estate owners to take over properties and run them under the Kasa brand. Its proprietary AI-powered hospitality operating system, including dynamic pricing and a 24/7 Virtual Front Desk, delivers contactless guest experiences while optimizing revenue for property owners across more than 45 U.S. markets.
Product overview
Kasa Living operates a tech-enabled hospitality platform offering apartment-style accommodations and boutique hotels across 45+ U.S. markets. The core platform includes the proprietary AI-Powered Hospitality Operating System for dynamic pricing and operations, Virtual Front Desk for 24/7 contactless guest support, and the standard Kasa Experience featuring virtual check-in, Wi-Fi, and pet-friendly amenities. The company serves multiple segments through dedicated services: Sales-Leasing (long-term stays), Corporate Housing (business travelers), Groups (team events), and Corporate Partnerships (business accounts). Property Partners and Hotel Partners programs offer asset-light management models for real estate owners. The portfolio includes branded properties like Tucker and the acquired Mint House brand (integrated in 2026) providing apartment-style accommodations with full kitchens and premium amenities.
Differentiator
Problem solved
Functional benefit
Brands
- Mint House: Premium residential hospitality brand acquired by Kasa, operating nearly 1,000 units across premier U.S. markets including Washington D.C., Dallas, Nashville, St. Petersburg, and Tampa.
Products and services
- Kasa Living Platform
Quantifiable outcome
- Immediately and meaningfully EBITDA-accretive strategic combination
- +1 more outcomes
Companies that use Kasa Living
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles3 records
Kasa Living technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature3 records
Kasa Living partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Mint HousecoreKasa entered into a strategic combination with Mint House in January 2026, integrating Mint House's nearly 1,000 units across premier U.S. markets including Washington D.C., Dallas, Nashville, St. Petersburg, and Tampa. The combination creates scale that strengthens commercial capabilities and improves operating efficiency.
- SonderminorFollowing Sonder's bankruptcy, Kasa took over properties formerly operated by Sonder, rehabilitating and managing them across the U.S. and Canada to preserve revenue and create continuity for guests.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
Kasa Living competitors and assessment
Company assessmentDirect peers
- Sonder: Tech-enabled aparthotel operator offering short and extended-stay apartment-style accommodations in urban markets. Direct comparable to Kasa's core offering, though Sonder operated a lease-based model that drove it into bankruptcy in 2024. Kasa took over many Sonder properties in 2025, making them the closest direct competitor/sequel.
- Blueground: Tech-enabled furnished apartment operator offering 30+ day stays across major US and global cities. Directly competes with Kasa's extended-stay and corporate housing offerings in similar urban markets with similar furnished apartment-style inventory.
- Vacasa: Largest US vacation rental management company offering full-service property management for homeowners. Comparable to Kasa's asset-light model of managing third-party owned properties for short-term rental revenue, though focused on leisure/vacation destinations rather than urban business markets.
- Evolve Vacation Rental: Vacation rental property management company that partners with homeowners to manage short-term rentals nationally. Shares Kasa's asset-light third-party property management approach with similar technology-enabled guest experience focus.
- Locale: Tech-enabled aparthotel operator offering full-service apartment accommodations in urban markets. Direct comparable in product category and target customer (urban business/leisure extended-stay travelers), operating at smaller scale than Kasa.
- AvantStay: Tech-enabled short-term rental and boutique hospitality manager focused on group/family leisure stays. Comparable asset-light model partnering with homeowners for professionally managed short-term rentals, with similar technology-driven guest experience focus.
Broad incumbents
- Airbnb: Largest global short-term rental marketplace with hundreds of thousands of listings. While Airbnb is also a key distribution partner for Kasa, it competes for the same guest demand and increasingly in longer-stay and apartment-style categories that overlap with Kasa's core offering.
- Marriott International (Residence Inn, Staybridge Suites): Largest global hotel company operating major extended-stay brands (Residence Inn, Staybridge Suites) that directly compete with Kasa's extended-stay and corporate housing offerings. While broader portfolio focused on traditional hotels, the extended-stay brands are scaled direct competitors in the same customer segments.
Emerging players
- Placemakr: Tech-enabled aparthotel operator offering flexible furnished accommodations from short to extended stays. Direct product comparable targeting similar business and leisure travelers in urban markets, though operating at earlier stage and smaller scale than Kasa.
- WhyHotel: Pop-up aparthotel concept that operates serviced apartments within multifamily buildings under temporary agreements. Comparable to Kasa's Property Partners model partnering with multifamily owners, though WhyHotel focuses on hybrid hotel/resident concept rather than short-term rentals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Kasa Living social profiles
Digital presenceKasa Living financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kasa Living leadership team
Management profileNumber of profiles
Profiles8 records
Kasa Living subsidiaries and ownership
Company hierarchySubsidiaries1 record
Kasa Living funding detail
Funding detailFunding overview
Funding rounds7 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kasa Living M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kasa Living
What does Kasa Living do?
Kasa Living operates and manages a portfolio of apartment-style accommodations and boutique hotels under an asset-light model, partnering with real estate owners to take over properties and run them under the Kasa brand. Its proprietary AI-powered hospitality operating system, including dynamic pricing and a 24/7 Virtual Front Desk, delivers contactless guest experiences while optimizing revenue for property owners across more than 45 U.S. markets.
Is Kasa Living a public or private company?
Kasa Living is a private company. It is classified as venture growth investor backed and is currently operating.
When was Kasa Living founded?
Kasa Living was founded in 2016. It employs 251 to 500 people.
Where is Kasa Living based?
Kasa Living is headquartered in San Francisco, United States, in the North America region.
How does Kasa Living make money?
Two revenue lines are on record. Property Management Fees are the primary driver. The others are guest Accommodations.
Who are Kasa Living's main competitors?
Direct peers on record are Sonder, Blueground, Vacasa, Evolve Vacation Rental, Locale and AvantStay. Broad incumbents are Airbnb and Marriott International (Residence Inn, Staybridge Suites). Emerging players are Placemakr and WhyHotel.
Does Kasa Living have an API?
No public API is recorded for Kasa Living.
What industry is Kasa Living in?
Kasa Living's product category is Tech-Enabled Hospitality and Vacation Rentals. Its primary akta.pro industry code is BPAJAFAI, Vacation & Short-Term Rental Management, with a secondary code of THAGAEAM, Extended-Stay Brand Residences (Managed Residences). Its NAICS code is 7211 and its SIC code is 7000.