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Lyric

Full company profile

uuid0000knf

Namestring
Lyric
Websiteurl
lyric.com
Company typeenum
Private
Founded yearint
2014
Descriptiontext

Lyric is a US-based accommodations company founded in 2014 and headquartered in San Francisco that designs and operates lodging for business travelers. The firm positions itself around empowering "dreamers, creators, and explorers" and has publicly identified five target markets — Los Angeles, Miami, DC, New Orleans, and Denver — representing major US creative and business hubs. The company has raised approximately $179 million across six disclosed funding rounds spanning 2015 to 2019, with a $160 million Series 2 round in April 2019 led by Airbnb and supported by proptech-focused Fifth Wall, commercial real estate owners RXR Realty and Tishman Speyer, and venture investors including NEA, Obvious Ventures, SignalFire, and Tusk Venture Partners.

The investor composition suggests a real estate technology thesis combining professionally-managed accommodation inventory with technology, leveraging Airbnb's demand funnel and direct real estate owner partnerships for supply. The stated value proposition emphasizes connectivity and creativity among its traveler community, though specific product features, technology stack, pricing mechanics, and revenue model details are not disclosed in available sources. The company maintains offices in Los Angeles, Miami, DC, New Orleans, and Denver in addition to its San Francisco headquarters.

The company operates with 51-100 employees under founder-CEO Andrew Kitchell, with engineering and product leadership in place (VP of Engineering Adam Hiatt, Senior Product Manager Quinn Hubertz). The current company website lists all five announced city markets as "Coming soon," and no funding activity has been disclosed since April 2019. The combination of a dormant public-facing site and an extended absence of disclosed milestones since the 2019 mega-round leaves the company's current operational status, growth direction, and revenue profile ambiguous from available sources.

Short descriptiontext

Lyric is a San Francisco-based accommodations company founded in 2014 that designs and operates lodging for business travelers across multiple US cities, having raised approximately $179 million from investors including Airbnb and major proptech and real estate firms.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersSan Francisco, United States
HQ citystring
San Francisco
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
business travel accommodations, extended stay lodging, corporate housing, multi-city housing, designer accommodations
Product category
Business Travel Accommodations
Social media profiles3 records
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Operations, Personnel, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Lyric designs and operates accommodations for business travelers, offering a multi-city presence across major US creative hubs including Los Angeles, Miami, DC, New Orleans, and Denver. The company positions itself as a platform empowering dreamers, creators, and explorers through a connected and creative hospitality experience. The website currently lists properties in these five cities as "coming soon."

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Lyric is a company that empowers dreamers, creators, and explorers for a more connected and creative world. The specific products and services offered are not detailed in the available source data.

Partnership4 partners
1Irish Arts Center
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Irish Arts Center co-produced the North Star production with Solab, in association with Lyric Theatre Belfast. This represents the first major outcome of a five-year Memorandum of Understanding between Belfast City Council and the British Council.

2Solab
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Solab co-produced the North Star production alongside Irish Arts Center, in association with Lyric Theatre Belfast.

3Belfast City Council
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Belfast City Council supports Lyric Theatre Belfast through a five-year Memorandum of Understanding with the British Council aimed at boosting Belfast's international cultural profile.

4British Council
Strategic tierCoreTypeStrategic or Co-development Partner
Description

The British Council partnered with Belfast City Council through a five-year Memorandum of Understanding, with the North Star production being the first major outcome designed to boost Belfast's international cultural profile.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
1Common
TypeDirect peer
Description

Common is a co-living operator running shared apartments in major US metros. Its community-led brand targeting young professionals directly mirrors Lyric's 'dreamers, creators, explorers' positioning.

2Placemakr
TypeEmerging player
Description

Placemakr operates furnished apartments with a hospitality-style product across US cities. As an emerging operator it competes for a similar urban, design-conscious traveler demographic.

3WeWork
TypeBroad incumbent
Description

WeWork operates flexible workspace and previously ran a co-living brand (WeLive). It is a broader incumbent in flexible-living that overlaps with Lyric's shared accommodations thesis.

4Airbnb
TypeBroad incumbent
Description

Airbnb is the dominant alternative-accommodations marketplace and led Lyric's Series B. It is both a strategic investor and a broad incumbent whose longer-stay inventory directly overlaps with Lyric's target use cases.

5Kasa
TypeDirect peer
Description

Kasa operates tech-enabled serviced apartments and short-term rentals across US cities. It targets a similar business-traveler profile and overlapping city footprint.

6Sonder
TypeDirect peer
Description

Sonder operates design-forward, tech-enabled short- and long-stay apartments in urban markets. It is the most direct comparable to Lyric's design-led accommodations-for-travelers model across multiple US cities.

7StayAlfred
TypeDirect peer
Description

StayAlfred provides furnished apartments and vacation rentals in US city centers. It targets similar business and leisure travelers seeking apartment-style accommodations over hotels.

8Locale
TypeDirect peer
Description

Locale runs serviced, design-forward apartments in urban markets. Its full-service, apartment-style offering is a close substitute for Lyric's planned accommodations product.

9Blueground
TypeDirect peer
Description

Blueground leases, furnishes, and rents apartments on flexible terms across global cities. It competes for the same multi-month business-traveler and creative-segment demand as Lyric.

10Mint House
TypeDirect peer
Description

Mint House operates upscale, tech-enabled serviced apartments with design-led interiors. It competes for the same extended-stay business traveler segment that Lyric targets.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors18 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Lyric

Business Travel Accommodationslyric.com

Lyric is a San Francisco-based accommodations company founded in 2014 that designs and operates lodging for business travelers across multiple US cities, having raised approximately $179 million from investors including Airbnb and major proptech and real estate firms.

What Lyric does

Lyric is a US-based accommodations company founded in 2014 and headquartered in San Francisco that designs and operates lodging for business travelers. The firm positions itself around empowering "dreamers, creators, and explorers" and has publicly identified five target markets — Los Angeles, Miami, DC, New Orleans, and Denver — representing major US creative and business hubs. The company has raised approximately $179 million across six disclosed funding rounds spanning 2015 to 2019, with a $160 million Series 2 round in April 2019 led by Airbnb and supported by proptech-focused Fifth Wall, commercial real estate owners RXR Realty and Tishman Speyer, and venture investors including NEA, Obvious Ventures, SignalFire, and Tusk Venture Partners.

The investor composition suggests a real estate technology thesis combining professionally-managed accommodation inventory with technology, leveraging Airbnb's demand funnel and direct real estate owner partnerships for supply. The stated value proposition emphasizes connectivity and creativity among its traveler community, though specific product features, technology stack, pricing mechanics, and revenue model details are not disclosed in available sources. The company maintains offices in Los Angeles, Miami, DC, New Orleans, and Denver in addition to its San Francisco headquarters.

The company operates with 51-100 employees under founder-CEO Andrew Kitchell, with engineering and product leadership in place (VP of Engineering Adam Hiatt, Senior Product Manager Quinn Hubertz). The current company website lists all five announced city markets as "Coming soon," and no funding activity has been disclosed since April 2019. The combination of a dormant public-facing site and an extended absence of disclosed milestones since the 2019 mega-round leaves the company's current operational status, growth direction, and revenue profile ambiguous from available sources.

Lyric firmographics

Firmographics
Name
Lyric
Website
https://lyric.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
51–100 employees
Short description
Lyric is a San Francisco-based accommodations company founded in 2014 that designs and operates lodging for business travelers across multiple US cities, having raised approximately $179 million from investors including Airbnb and major proptech and real estate firms.
Ownership category
akta.pro rank

Where Lyric is headquartered

Location

Headquarters

HQ city
San Francisco
HQ country
United States
HQ region
North America

Offices5 records

Markets served

Lyric business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Personnel, Infrastructure, Marketing or Sales

Distribution channels1 record

Marketing channels1 record

Lyric product offering

Product offering

Core offering

Lyric designs and operates accommodations for business travelers, offering a multi-city presence across major US creative hubs including Los Angeles, Miami, DC, New Orleans, and Denver. The company positions itself as a platform empowering dreamers, creators, and explorers through a connected and creative hospitality experience. The website currently lists properties in these five cities as "coming soon."

Product overview

Lyric is a company that empowers dreamers, creators, and explorers for a more connected and creative world. The specific products and services offered are not detailed in the available source data.

Differentiator

Problem solved

Functional benefit

Companies that use Lyric

Customer profile

Ideal customer profiles1 record

Lyric technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Lyric partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered minor and core.

  • Irish Arts CenterminorStrategic or Co-development PartnerIrish Arts Center co-produced the North Star production with Solab, in association with Lyric Theatre Belfast. This represents the first major outcome of a five-year Memorandum of Understanding between Belfast City Council and the British Council.
  • SolabminorStrategic or Co-development PartnerSolab co-produced the North Star production alongside Irish Arts Center, in association with Lyric Theatre Belfast.
  • Belfast City CouncilcoreStrategic or Co-development PartnerBelfast City Council supports Lyric Theatre Belfast through a five-year Memorandum of Understanding with the British Council aimed at boosting Belfast's international cultural profile.
  • British CouncilcoreStrategic or Co-development PartnerThe British Council partnered with Belfast City Council through a five-year Memorandum of Understanding, with the North Star production being the first major outcome designed to boost Belfast's international cultural profile.

Recent moves5 records

Expansion highlights4 records

Lyric competitors and assessment

Company assessment

Direct peers

  • Common: Common is a co-living operator running shared apartments in major US metros. Its community-led brand targeting young professionals directly mirrors Lyric's 'dreamers, creators, explorers' positioning.
  • Kasa: Kasa operates tech-enabled serviced apartments and short-term rentals across US cities. It targets a similar business-traveler profile and overlapping city footprint.
  • Sonder: Sonder operates design-forward, tech-enabled short- and long-stay apartments in urban markets. It is the most direct comparable to Lyric's design-led accommodations-for-travelers model across multiple US cities.
  • StayAlfred: StayAlfred provides furnished apartments and vacation rentals in US city centers. It targets similar business and leisure travelers seeking apartment-style accommodations over hotels.
  • Locale: Locale runs serviced, design-forward apartments in urban markets. Its full-service, apartment-style offering is a close substitute for Lyric's planned accommodations product.
  • Blueground: Blueground leases, furnishes, and rents apartments on flexible terms across global cities. It competes for the same multi-month business-traveler and creative-segment demand as Lyric.
  • Mint House: Mint House operates upscale, tech-enabled serviced apartments with design-led interiors. It competes for the same extended-stay business traveler segment that Lyric targets.

Emerging players

  • Placemakr: Placemakr operates furnished apartments with a hospitality-style product across US cities. As an emerging operator it competes for a similar urban, design-conscious traveler demographic.

Broad incumbents

  • WeWork: WeWork operates flexible workspace and previously ran a co-living brand (WeLive). It is a broader incumbent in flexible-living that overlaps with Lyric's shared accommodations thesis.
  • Airbnb: Airbnb is the dominant alternative-accommodations marketplace and led Lyric's Series B. It is both a strategic investor and a broad incumbent whose longer-stay inventory directly overlaps with Lyric's target use cases.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

Lyric social profiles

Digital presence

Lyric financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Lyric leadership team

Management profile

Number of profiles

Profiles3 records

Lyric funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors18 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Lyric M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lyric

What does Lyric do?

Lyric designs and operates accommodations for business travelers, offering a multi-city presence across major US creative hubs including Los Angeles, Miami, DC, New Orleans, and Denver. The company positions itself as a platform empowering dreamers, creators, and explorers through a connected and creative hospitality experience. The website currently lists properties in these five cities as "coming soon."

Is Lyric a public or private company?

Lyric is a private company. It is classified as venture growth investor backed and is currently operating.

When was Lyric founded?

Lyric was founded in 2014. It employs 51 to 100 people.

Where is Lyric based?

Lyric is headquartered in San Francisco, United States, in the North America region.

Who are Lyric's main competitors?

Direct peers on record are Common, Kasa, Sonder, StayAlfred, Locale, Blueground and Mint House. Placemakr is listed as an emerging player. Broad incumbents are WeWork and Airbnb.

Does Lyric have an API?

No public API is recorded for Lyric.

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Live signals
InsidermediaBelfast’s critically acclaimed live music and spoken word production North Star set for New York debutBelfast's acclaimed live music and spoken word production North Star is set to make its US debut at the Irish Arts Center in New York in June, featuring an international cast blending young talent from both sides of the Atlantic with contemporary musicians. Conceived by creative director Kwame Daniels and inspired by Frederick Douglass's historic 1845 visit to Belfast, the production is co-produced by Irish Arts Center and Solab, in association with Lyric Theatre Belfast, with support from Belfast City Council and the British Council. The debut represents the first major outcome of a five-year Memorandum of Understanding between Belfast City Council and the British Council aimed at boosting Belfast's international cultural profile.The GuardianA peace process thriller, the DUP opera and countless cuppas: Belfast’s Lyric theatre at 75The Lyric Theatre in Belfast is celebrating its 75th anniversary in 2026 with a programme featuring revivals of significant works including Christina Reid's Tea in a China Cup and Owen McCafferty's Agreement about the Good Friday Agreement negotiations. The theatre, founded by Mary O'Malley in 1951 as Belfast Lyric Players, survived the Troubles in its previous Ridgeway Street venue and relocated in 2011 to a new £18m building designed by O'Donnell + Tuomey after a fundraising campaign supported by patron Liam Neeson. Executive director Jimmy Fay is currently directing the anniversary programming while also reviving the literary journal Threshold as an annual publication.Venture Capital Access OnlineWheelhouse Spins out of Lyric With $16 Million in Funding Led by Highgate Ventures and NEA to Strengthen Leadership Position in Accommodation & Rental SoftwareWheelhouse has spun out of its parent company Lyric and secured $16 million in funding led by NEA and Highgate Ventures to expand its revenue management software for the flex-rental market. The financing supports the global expansion of its platform, which now covers over 180 countries, and drives further development of its pricing engine and API integrations.PR NewswireWheelhouse Spins out of Lyric With $16 Million in Funding Led by Highgate Ventures and NEA to Strengthen Leadership Position in Accommodation & Rental SoftwareWheelhouse has spun out of parent company Lyric and secured $16 million in funding led by NEA and Highgate Ventures to strengthen its position in the flex-rental software market. The company is simultaneously expanding its 'Wheelhouse Worldwide' platform from 42 countries to global availability in over 180 countries, aiming to accelerate product development for hospitality and real estate operators.Business InsiderLyric, which raised $185 million from backers like Airbnb and Fifth Wall, shares its secret sauce for Instagram-worthy rentalsLyric, an Airbnb-backed short-term rental company, raised $185 million in funding, including $160 million in a Series B led by Airbnb. The company operates apartments in 14 US cities and emphasizes design and homey atmosphere to attract business travelers. It also plans to expand its design-focused offerings.FinSMEsLyric Raises $160M in Series B FundingLyric, a San Francisco-based real estate and hospitality company, raised $160M in Series B funding led by Airbnb. The round brings total funds to $185M, with participation from Tishman Speyer, RXR Realty, and others. The company will use the funds to expand operations and invest in its proprietary technology and data platform.Short Term RentalsWhy has Lyric raised $160m in a Series E funding round with Airbnb?San Francisco-based apartment provider Lyric has raised $160 million in a Series B financing and debt financing round led by Airbnb, with participation from investors including Tishman Speyer, RXR Realty, Obvious Ventures, NEA, SignalFire, and others. The funding, which brings Lyric's total raised capital to $185 million, will be used to expand operations and develop its technology and data platform. Lyric transforms leased apartment units into hotel-style accommodations called "Creative Suites" for business travelers, currently operating approximately 1,000 units across US cities including Chicago, Pittsburgh, Dallas, Houston, Minneapolis, New Orleans, and Philadelphia.TechCrunchLyric raises $160 million in debt and equity to power the next generation of hospitalityLyric closed a $160 million debt and equity financing round, with Airbnb leading the equity. The hospitality platform, operating in 13 markets, plans to expand from 500 to 1,000 units by year-end. It has raised $185 million total.