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Lyric - About the company

Lyric is an acquired company based in San Francisco (United States), founded in 2014 by Andrew Kitchell, Joe Fraiman and Kyle Larson. It operates as an Online platform for business travelers to book managed service apartments. Lyric has raised $185M in funding from Airbnb. The company has 9 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Kasa, Zeus and SnapStays.

Company Details

Online platform for business travelers to book managed service apartments. Their platform manages the amenities of apartments and rents them out. The platform enables users to search, compare, and book serviced apartments via their platform.
Email ID
*****@lyric.com
Registered Address
San Francisco, California
Key Metrics
Founded Year
2014
Location
San Francisco, United States
Stage
Acquired
Total Funding
$185M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
61 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Black Swan Real Estate (Jun 12, 2023)

Lyric's acquisition details

Lyric got acquired by Black Swan Real Estate on Jun 12, 2023.
Click here to take a look at Lyric's acquisition in detail
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Lyric's funding and investors

Lyric has raised a total funding of $185M over 3 rounds. Its first funding round was on Feb 20, 2018. Its latest funding round was a Series B round on Apr 17, 2019 for $*****. 12 investors participated in its latest round. Lyric has 14 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Lyric:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 17, 2019
1243102
Series B
3991038
4472988
4032987
8277526
Apr 17, 2019
3375325
Conventional Debt
2230447
7546311
2453357
Feb 20, 2018
5506668
Series A
8144567
7858258
1723370
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Lyric's founders and board of directors

Founder? Claim Profile
The founders of Lyric are Andrew Kitchell, Joe Fraiman and Kyle Larson.
Here are the details of Lyric's key team members:

Lyric's employee count trend

Lyric has 61 employees as of Jul 26. Here is Lyric's employee count trend over the years:
Employee count trend for Lyric
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Lyric's Competitors and alternates

Top competitors of Lyric include Kasa, Zeus and SnapStays. Here is the list of Top 10 competitors of Lyric, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kasa
Kasa
2016, San Francisco (United States), Series C
Operator of business apartments
$160M
63/100
2nd
Logo for Lyric
Lyric
2014, San Francisco (United States), Acquired
Online platform for business travelers to book managed service apartments
$185M
64/100
3rd
Logo for Zeus
Zeus
2011, San Francisco (United States), Deadpooled
Online platform for business travelers to rent managed residential apartments
$139M
45/100
4th
Logo for SnapStays
SnapStays
2016, San Francisco (United States), Seed
Online platform that provides service apartments for business travelers
$100K
39/100
5th
Logo for ReloQuest
ReloQuest
2015, Sunrise (United States), Seed
Provider of cloud-based sourcing platform for the serviced apartment industry
$500K
37/100
6th
Logo for Travelers Haven
Travelers Haven
2008, Denver (United States), Acquired
Short-term housing provider in the United States
-
-
34/100
7th
Logo for StayOvr
StayOvr
2016, Plano (United States), Unfunded
App-based platform for booking service apartments for business travelers
-
-
32/100
8th
Logo for NestApart
NestApart
2014, San Francisco (United States), Unfunded
Online Platform to book managed corporate housing stays
-
-
25/100
9th
Logo for Stay Tribe
Stay Tribe
2015, Santa Clara (United States), Deadpooled
Online furnished & serviced apartments booking platform
-
-
18/100
10th
Logo for Dwell Optimal
Dwell Optimal
2019, New York City (United States), Deadpooled
Online platform that offers standardized service apartments to the business travelers
-
-
18/100
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Looking for more details on Lyric's competitors? Click here to see the top ones

Lyric's Investments and acquisitions

Lyric has made no investments or acquisitions yet.

Reports related to Lyric

Here is the latest report on Lyric's sector:

News related to Lyric

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Media has covered Lyric for a total of 2 events in the last 1 year, 1 of them has been about company updates.
Airbnb-backed Lyric lays off 20% of staffThe Real DealMar 04, 2020Lyric
Lyric Opens Flex Apartments in DC’s LizCommercial ObserverDec 17, 2019Lyric
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FAQs about Lyric

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