Occupied Nights represent the total number of nights occupied across all Live Units. Free access to premium services like Tuneln, Mubi and more. If approved, the company will be renamed Jet.AI and is expected to list on . Sep 2021 - Aug 20221 year. sonder spac investor presentation Isgho Votre ducation notre priorit Historical Quarterly Financials 237.6 KB. Any suspected unauthorized access can be addressed remotely and immediately, and managers can change keycodes and other settings instantly via the portal, ensuring security at all times, and removing safety concerns such as key lockboxes with codes that never change. Sonder is transforming the future of hospitality. Cash Flow Positive Plan Presentation. Webcast. -, Sonder Holdings Inc. Reports Inducement Grants under Nasdaq Listing Rule 5635(4), Sonder Holdings Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4), Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023. Headquartered in San Francisco, they offer a wide variety of accommodation options - from rooms to suites and apartments - available in 35+ markets across nine countries and three continents. It appears that you have an ad-blocker running. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. Among the startup's most notable features are that it converts properties into short-term rental properties and hotels. 2021 FY Filings 2020 FY Filings . Once again, its ambition to build a new kind of hospitality brand are clear. Each Sonder is purposefully selected, designed and maintained customized to reflect the vibe of its neighbourhood. Sonder's management uses these non-GAAP financial measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. T 310 209 3010. And improving their Revenue per Available Room (RevPAR) from $74 to $165. Yet, as the company grows internationally, and with an upscale positioning, the share of international and business travelers should grow. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. The company's Sonder app gives guests self-service features, simple check-in, and 24/7 on-the-ground support, amenities, and services. Innovative and ambitious companies such asDomio, Lyric, and Stay Alfredclosed their doors in 2020. Gores Metropoulos raised $450 million in a January initial public offering. Building the future of hospitality, Sonder has blazed their way into the hospitality business and has been dubbed the unicorn of the industry as much as the Travels Newest Billion-Dollar Brand. In April 2021, vacation rental and hospitality industry observers are looking at a new investor presentation deck from Sonder. In addition to the very compelling narrative and numbers presented in Sonder's investor presentation, Sonder's strategic advantage relative to both incumbents and potential new entrants makes us believe Sonder's stock has the ability generate over 1,000% return in the next 5 years. Find out , Wunsch Brautkleid Seed Stage Startup Pitch Deck, Yomp pitch deck to raise seed investment , Tao Capital Partners,Valor Equity Partners,WestCap. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. Volt does not purport to provide any legal, tax, or accounting advice. He owns vacation rentals in St. Barths and Bali. Any and all subjective claims and statements made on this site regarding companies or securities are strictly the beliefs and views held by Volt and are in no way meant to be an endorsement by Volt of any company or security and nor is it meant to be a recommendation by Volt to buy, sell, or hold any security.Past performance is no guarantee of future returns. 2023-01-24. KBW Fintech Payments Conference. Use this banker system to make startup emails work for your team, Ask dumb questions. Also, securities and options traded in over-the-counter markets may trade less frequently and in limited volumes and thus exhibit more volatility and liquidity risk.The content on this site is not intended to serve as financial advice nor should it be the sole basis for any investment decisions. Leading up to Sonder's SPAC merger with Gores Metropoulos II, Sonder gave an investor presentation in November 2021 laying out the narrative and future of their company with amazing clarity and transparency. Rooms on Sonder have to apply and go through intense quality control. Thanks to the pipeline of Contracted Units due for delivery soon, they are optimistic that they will be able to accomplish this. Please declare your traffic by updating your user agent to include company specific information. You can read more of our analysis on Sonder's strategic position vs. hotels in this post. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. Webcast. The company was launched in 2014 and cofounded by Francis Davidson and Martin Picard. Thanks to a new focus on temporary housing, shrewd leases, and properties with Covid-friendly amenities, Sonder is on the rebound. Founded in Montreal, Canada in 2014, Sonder is a boutique apartment-hotel hospitality company that manages short-term rentals in North America, Europe, and Dubai. He owns vacation rentals in St. Barths and Bali. Activate your 30 day free trialto unlock unlimited reading. After submitting your request, you will receive an activation email to the requested email . The company aims to increase brand awareness in order to sell directly to consumers. The content should not be considered investment advice and is for educational purposes only. Site - Investor Relations Nav; Overview; News; Events & Presentations. In a report by Businesswire dated 18 January 2022, Sonder Holdings Inc. announced it completed its previously announced business combination with Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) ("GM II"), a special purpose acquisition company sponsored by affiliates of The Gores Group, LLC, and Metropoulos & Co. A special meeting of Gores Metropoulos II stockholders approved the business combination on January 14, 2022. Takeaway: Regarding the 3 dimensions of price, design, and quality consistency, Sonder introduces technology to drive down the price dimension, so that it can score top marks on all 3. Tap here to review the details. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options - from spacious rooms to fully-equipped suites and apartments - found in over 35 markets spanning ten countries and three continents. View All Reports . sonder spac investor presentation religious interview questions and answers sharleen spiteri ashley heath . Its backers have included Fidelity, WestCap, ScaleUP Ventures, Real Ventures and Inovia Capital, among others. Investor Presentation (November 2022) 2Q22 Shareholder Letter. With this technology-enabled experience, guests are in total control of their stay. Get research, business strategy, and tech analysis delivered to your inbox. - YMAP is a youth-led non-profit organization dedicated to connect youths with opportunities in the field of neuroscience and health sciences. How? Oct 8 - Oct 11, 2022 SPAC IPO Slides. 08/11/2022 08:30 AM ET. Yet, Sonder has survived, by drastically renegotiating leases, laying off staff, and pivoting its business model. Head over to Perfect Pitch Deck. By accepting, you agree to the updated privacy policy. Unsubscribe at any time. EmilyAnnHodges Follow Advertisement Advertisement Recommended Living Well investor presentation Tessa10t 772 views 24 slides Sonder pays rent (or utilizes pre-negotiated abatement) and is able to generate revenue from these units. Sign up today! Financials. Sonders innovative app empowers guests by making self-service features and 24/7 on-the-ground support just a tap away. The information that can be accessed through hyperlinks or website addresses included herein is deemed not to be incorporated in or part of this presentation. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. It covers key points of your business such as your vision, market opportunity, products and services, high-level financials and funding needs. Sonder's TAM, the global lodging market, was $809B in 2019. Delayed Nasdaq Sonder Holdings Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4), Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023, Sonder Holdings Inc. Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on M.. Sonder Holdings Inc. : Change in Directors or Principal Officers, Financial Statements and.. Sonder Holdings Inc. Appoints Chris Berry as Interim Principal Financial Officer. Clipping is a handy way to collect important slides you want to go back to later. In essence, Sonder is a hotel-quality room without the commercial feel of a hotel. SAN FRANCISCO & LOS ANGELES-- ( BUSINESS WIRE )--Sonder Holdings Inc. ("Sonder'' or the "Company"), a leading next-generation hospitality company that is redefining the guest experience through. In 2019, Sonder shared the Series D deck that it had used to raise $225M in funding. These risks, uncertainties, assumptions and other important factors include, but are not limited to: potential negative impacts on Sonder's financial results as a result of changes in travel, hospitality, real estate and vacation markets, including the possibility that travel demand and pricing do not recover to the extent anticipated, particularly in the current geopolitical and macroeconomic environment; potential inability to negotiate satisfactory leases or other arrangements to operate new properties, onboard new properties in a timely manner, or renew or replace existing properties on attractive terms, and the possibility of lease terminations prior to scheduled expirations; possible delays in real estate development and construction projects related to Sonder's leases, or other delays in generating revenues from new properties; the possibility that Sonder may not benefit from any market recovery to the extent it anticipates; risks and uncertainties associated with Sonder's recently announced Cash Flow Positive Plan, including the possibility that Sonder will not realize the anticipated cost savings, capital-light signings or cash flow improvements or will need to engage in additional fundraising, and the risk that the plan will adversely affect employee retention, effectiveness and hiring or other aspects of Sonder's business; the possibility that Sonder will be unable to effectively manage its growth; potential delays or difficulties introducing new or upgraded amenities, services or features, including enhancements to the Sonder app; the possibility that new RevPAR initiatives will not achieve the desired results and that future pricing and/or occupancy will be lower than anticipated; the possibility of higher than expected capital expenditures, property-related costs or other operating expenses and unanticipated conditions or incidents at leased properties; risks associated with Sonder's relationships with and reliance upon real estate owners, OTAs and other third parties, and their performance of their obligations; changes in applicable laws or regulations, including legal, tax or regulatory developments, and the impact of any litigation or other legal or regulatory proceedings; possible delays in sustainability initiatives; the possibility that Sonder may be adversely affected by other economic, business and/or competitive factors, including the additional risks associated with operating internationally; risks related to the impact of the ongoing COVID-19 pandemic, including the Omicron variant or future variants and further governmental and other restrictions (including travel restrictions) resulting therefrom; and other risks and uncertainties described under the heading "Risk Factors" in Sonder's most recent Quarterly Report on Form 10-Q filed with the SEC on May 16, 2022 and Annual Report on Form 10-K filed with the SEC on March 28, 2022. Takeaway: Given industry multiples and Sonder's growth rate, Sonder's valuation seems like the deal of a lifetime. Extra measures have been taken to implement best practices for cleaning and sterilization across all units, both within the Sonder apartment / room and building-wide. Your email address will not be published. Sonder valuation as of 10/28/2021 and projections as of Q3 2021. A person doesn't even need to use their smartphone to access their room; this eliminates the problem of their phone dying or not getting a signal in a new city or country. With perks such as a concierge at your fingertips guests can enjoy the comforts and amenities of a hotel while renting their very own vacation rental space - the $1 billion hospitality startup, claims to offer personalized apartment rentals that offer the best of both worlds. Sonder Holdings Inc. is merging with Gores Metropoulos II Inc. (GM II), a SPAC sponsored by an affiliate of The Gores Group LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Dean Metropoulos of Metropoulos & Co. At the beginning, Sonder focused on taking over the management over multi-family buildings in order to offer urban apartments on sites such as Airbnb. Before COVID-19, Sonder was pretty much agnostic when it came to listing on OTAs such as Airbnb and Booking.com. Nasdaq 46 th Investor Conference. San Francisco, California, United States 501-1000 Post-IPO Equity Public www.sonder.com 869 Highlights Stock Symbol NASDAQ:SOND Total Funding Amount $839.6M Contacts 516 Employee Profiles 16 Investors 35 Similar Companies 33 Through the Sonder app, customers can access everything they need - from booking to interacting with guest services, to checking out - on their own mobile device anywhere, at any time. Additionally, Sonder plans to expand its portfolio to include resorts, villas, and residences. Adjusted EBITDA is defined as net loss excluding the impact of depreciation, stock-based compensation, COVID-19 pandemic related offboardings (costs associated with exiting units at the beginning of the COVID-19 pandemic), restructuring charges (if any), and other expense (income), net (which primarily includes mark-to-market adjustments related to financial instruments such as convertible debt and warrants). This excludes any units that have been exited (i.e., the lease was terminated or allowed to expire). This excludes nights lost to full building closures of greater than 30 nights. Activate your 30 day free trialto continue reading. A SPAC raises money from investors through an initial public offering and then uses the cash to acquire a private company and take it public. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. He also leads innovative projects for companies within the vacation rental industry. Sonder's system is simple, easy, streamlined, and centralized. The same applies to hotel owners. But Sonder is able to score well on all 3 dimensions. The company wants to show that it can offer equivalent or better service level at a lower cost thanks to tech and automation. EX-99.2 3 ea135103ex99-2_forestroad.htm INVESTOR PRESENTATION Exhibit 99.2 . Contacts. check out the ultimate pitch deck collection here! Travel News, Airline Industry News and Hotel Industry News by Skift JavaScript is disabled! Sonder wants to be a global hospitality brand and has already expanded internationally. By providing 24/7 guest support, self-check-in, stocked kitchens, crisp linens, and everyday amenities, Sonder ensures a unique, yet consistent experience. . In addition to being easy to use, it is also reliable, efficient, and scalable. Sonder CEO Francis Davidson (Credit: Twitter, iStock) Hospitality startup Sonder is in talks for a funding round between $150 million to $175 million, The Real Deal has learned . Minimum 15 minutes delayed. Bookable Nights represent the total number of nights available for stays across all Live Units. Through innovative technology and thoughtfully designed accommodations, Sonder is revolutionizing the hospitality industry Combined company to have an estimated pro forma enterprise value of approximately $2.2 billion Business combination includes $650 million of cash proceeds from Gores Metropoulos II before expenses, Contracted Units are units for which Sonder has signed real estate contracts, but are not yet available for guests to book. makes us believe Sonder's stock has the ability generate over 1,000% return in the next 5 years. As an example, Sonder partners with an apartment REIT (Real Estate Investment Trust) and signs a lease for an unfinished property in order to renovate and operate the property. Yet, at least in the US, cities are starting to rebound. Sonder Holdings Inc. published this content on 10 August 2022 and is solely responsible for the information contained therein. Revenue growth will be achieved by a combination of supply growth and RevPAR growth. View this Presentation PDF Format Download (opens in new window) . Who: Francis Davidson, Co-Founder & CEO When: Tuesday, June 14, 2022 Time: 2:00 p.m. BST / 9:00 a.m. EDT for the Presentation Where: May Fair Hotel in London Jan 9, 2023 12:00 PM EST 41st Annual J.P. Morgan Healthcare Conference. It's one of many new hybrid companies such as Lyric and Blueground that combine elements of hotels and apartments. Apellis SYFOVRE FDA Approval Conference Call Presentation 840.9 KB. Sonder apartments come with fully equipped kitchens and in-unit washers and dryers. To keep up, drop us a line - we'd love to hear from you! Subscribe to Rental Scale-Ups newsletter to make better business decisions and stay ahead of your competitors. Driven in part by increasing supply from 12k total units (live + contracted) in 2020 to 102k total units in 2025. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. Investor presentations are an important but often overlooked aspect of entrepreneurial efforts to secure financing for their businesses. When used in this presentation, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "proposed," "guidance," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. According to a report published by betakit, Sonder co-founder and CEO Francis Davidson opened up about the acquisition plans in April 2021, and SEC filings confirm that the company reached an agreement with Gores. IQHQ Appoints Janice Sears and Anshul Mangal as Independent Members to its Board of Dir.. Burberry Names Chief Officers for E-commerce/Digital, Merchandising, Burberry adds digital, merchandising chiefs to executive team, Sonder Holdings Inc. : Change in Directors or Principal Officers (form 8-K). The Sonder app is recommended for download for any guest who chooses to stay in any of their properties. 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