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 10 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.
- Website
- www.lyric.com/
- 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
Ranked
1st among 10 active competitors
Employee Count
60 as on Aug 31, 2026
Exit Details
Acquired by Black Swan Real Estate (Jun 12, 2023)
Legal entities associated with Lyric
Lyric is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LYRIC HOSPITALITY, INC. CIN: 472257173 , United States, Active | Dec 26, 999 | - | 26 (As on Dec 31, 2024) | - |
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 Conventional Debt round on Apr 17, 2019 for $*****. 9 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 | 8943061 | Conventional Debt | 9097756 | 8651429 | 2663505 | 1060368 |
Apr 17, 2019 | 9416448 | Series B | 4595284 | 3393079 | 7783466 | |
Feb 20, 2018 | 5965483 | Series A | 3800673 | 1983720 | 9032342 |
View details of Lyric's funding rounds and investors
Lyric's founders and board of directors
Founder? Claim ProfileHere are the details of Lyric's key team members:
- Andrew Kitchell: Co-Founder & CEO of Lyric. They are also an angel investor in 1 startup.
- Joe Fraiman: Co-Founder of Lyric and founder of 1 other company.
- Kyle Larson: Co-Founder of Lyric and founder of 1 other company.
View details of Lyric's Founder profiles and Board Members
Lyric's employee count trend
Lyric has 60 employees as of Aug 26. Here is Lyric's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lyric 2014, San Francisco (United States), Acquired | Online platform for business travelers to book managed service apartments | $185M | 64/100 | |
2nd | Kasa 2016, San Francisco (United States), Series C | Operator of business apartments | $160M | 63/100 | |
3rd | Zeus 2011, San Francisco (United States), Deadpooled | Online platform for business travelers to rent managed residential apartments | $139M | 45/100 | |
4th | SnapStays 2016, San Francisco (United States), Seed | Online platform that provides service apartments for business travelers | $100K | 39/100 | |
5th | ReloQuest 2015, Sunrise (United States), Seed | Provider of cloud-based sourcing platform for the serviced apartment industry | $500K | 37/100 | |
6th | Travelers Haven 2008, Denver (United States), Acquired | Short-term housing provider in the United States | - | - | 34/100 |
7th | StayOvr 2016, Plano (United States), Unfunded | App-based platform for booking service apartments for business travelers | - | - | 32/100 |
8th | NestApart 2014, San Francisco (United States), Unfunded | Online Platform to book managed corporate housing stays | - | - | 25/100 |
9th | Stay Tribe 2015, Santa Clara (United States), Deadpooled | Online furnished & serviced apartments booking platform | - | - | 19/100 |
10th | Dwell Optimal 2019, New York City (United States), Deadpooled | Online platform that offers standardized service apartments to the business travelers | - | - | 18/100 |
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
Media has covered Lyric for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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Lyric Establishes Nashville HQ to Scale Real-Time Claims Decision IntelligenceHIT Consultant•Aug 18, 2026•Lyric
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Lyric Acquires Concert to Enhance AI-Powered Healthcare Decision IntelligenceHIT Consultant•Jul 15, 2026•Lyric
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Black Swan Acquires Lyric Hospitality to Expand Luxury Rental ReachHospitality Net•Jun 22, 2023•Black Swan, Lyric
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Wheelhouse Raises $16M in FundingFinSMEs•Apr 20, 2022•Wheelhouse, New Enterprise Associates, Highgate, SignalFire and 8 others
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Lyric pivots from leasing as Mint House takes over last locationShortTermRentalz•Nov 12, 2020•Lyric, Mint House
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