sonder investor presentation

Use this banker system to make startup emails work for your team, Ask dumb questions. Sonder's 2019 and 2020 historical financial data included in this presentation are unaudited and subject to updates based on completion of an ongoing PCAOB audit. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. Below are the highlights from the presentation. 27 Jan 2023. The Takeover Date represents the date on which Sonder receives the keys and is able to begin onboarding a building (e.g., moving in furniture, staging / photographing units for listing). Learn how your comment data is processed. Each Sonder is purposefully selected, designed and maintained customized to reflect the vibe of its neighbourhood. Subscribe to Rental Scale-Ups newsletter to make better business decisions and stay ahead of your competitors. 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. However, Sonder's definitions may differ from the definitions used by other companies and therefore comparability may be limited. Hypothetical strategies and indices presented are unmanaged, do not reflect any fees, expenses, transaction costs, commissions or taxes, and one cannot invest directly in any of these. Contracted Units are units for which Sonder has signed real estate contracts, but are not yet available for guests to book. Overview | Sonder Holdings Inc. Investor Relations Resources & Information Company Overview Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. Sonder | Series D Deck Jul. View All Annual Reports. dMY III Technology Group Acquisition Corp's investor conference call and presentation discussing the transaction can be accessed by visiting www.dmytechnology.com. - YMAP is a youth-led non-profit organization dedicated to connect youths with opportunities in the field of neuroscience and health sciences. A 24-hour concierge service can be contacted via the Sonder app. Additional risks and uncertainties are identified and discussed in Sonder's reports filed and to be filed with the SEC and available on the SEC's website at www.sec.gov. Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. All this allows them to cut down on operating costs by as much as ~50%. Revenue Per Available Room ("RevPAR") represents the average revenue earned per available night, and is calculated either by dividing revenue by Bookable Nights, or by multiplying Average Daily Rate by Occupancy Rate. Sonder pays rent (or utilizes pre-negotiated abatement) and is able to generate revenue from these units. Today's call will include non-GAAP financial measures, which should be considered in addition to and not as a substitute for or in isolation from our GAAP results. Corporate Overview. Investor Presentation for the Preliminary Fiscal 2021 Fourth Quarter and Full-Year Ended March 31, 2021 Feb 1, 2021 Presentations Investor Call Presentation for the Fiscal 2021 Third Quarter Ended December 31, 2020 Nov 11, 2020 . Property Level Costs ("PLC") represent costs directly associated with guest-facing functions in each of Sonder's buildings. As explained by founder Francis Davidson, Sonder, is as simple as apartments, villas, and condos that are serviced to the level of hotels. So you do not need to waste the time on rewritings. Competitive pricing and expert assistance to get you fundraise ready and confident. We deliver in-depth reporting, independent analysis and exclusive interviews Every week, straight in your inbox. must have JavaScript enabled in your web browser. 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 . Free Cash Flow Margin is defined as Free Cash Flow as a percentage of revenue. Skip to main navigation . 02/28/2023 11:00 AM ET. Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by revenue. Sonder has multiple offices across the globe, with Hub cities in Denver, San Francisco, Montreal and London/Amsterdam. Media Relations Lissa Pavluk (617) 977-6764 media@apellis.com. It appears that you have an ad-blocker running. Sonder is transforming the future of hospitality. Ultimately, it may become the operating system for the hospitality industry in the future. To do that, the company says that it offers modernized, well-designed, tech-savvy apartments and hotel rooms. Sonder has since raised over $46 million from venture capitalists. Stocks - Flora Growth. We plan to have a multi-part series diving into Sonder's competition, strategy, leadership, and more. Sonder basically takes over well-located apartment developments and hotels to redesign and relaunch them under its tech-savvy brand. Longevity Biomedical is focused on developing and acquiring new technologies spanning therapeutics, health monitoring and digital health solutions to become a leading provider of longevity-related products and services. Accordingly, a reconciliation of the non-GAAP financial measure guidance to the corresponding GAAP measure is not available without unreasonable effort. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. By using one easy-to-use, personalized portal, guests, and managers can control all aspects of booking, check-in, guest experience, check-out, management, maintenance, and housekeeping processes. As part of its strategy, the company wants to transition to a liability-light business model characterized by revenue sharing and mixed lease agreements. 2021, and a copy of an updated investor presentation provided in a Current Report on Form 8-K filed by GMII with the SEC on July . Top 10 slides from Sonder's 2021 investor presentation, as company prepares to go public at a $2.2 billion value | Rental Scale-Up Thibault Masson Thibault is the founder of Rental Scale-Up. This is the Sonder Series D Pitch Deck used to raise $225M in total from 13 investors in 2019. Your email address will not be published. The urban short-term rental category was a victim of the COVID-19 crisis. Investor Relations Vacasa is creating a superior vacation rental experience for homeowners, guests, and distribution partners alike powered by a purpose built, end-to-end technology platform. 01/30/2023. Like many companies in late 2020 and early 2021, it is going public via a special acquisition company (SPAC). 05/25/2022 12:40 PM ET. For full disclosures, please go to our Terms & Conditions page. NOTICE TO THE MARKET. But Sonder is able to score well on all 3 dimensions. Please declare your traffic by updating your user agent to include company specific information. In terms of distribution, Sonder rents its units to customers through its own website and app Sonder also lists its properties with online travel agencies such as Expedia (EXPE), as well as Airbnb. Yet, at least in the US, cities are starting to rebound. Essentially, Sonder is highly ambitious in its aims to become the next Hilton or Marriott, while simultaneously being a highly tech-savvy company. Uploaded by Lewis. 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. 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. Meaning, you can perform well in 2 dimensions but not in all 3. Governance Documents Board of Directors Management Advisors Committee Composition. A traditional apartment developer may need a couple of years to stabilize the property. In addition to being easy to use, it is also reliable, efficient, and scalable. 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. Activate your 30 day free trialto continue reading. Cash Contribution is defined as operating cash flow before other operating expenses, excluding the impact of restructuring charges, if any. The company's AI-enabled, modular concentrated solar technology aims to cost-effectively deliver near 24/7 carbon-free energy in the form of heat, power, or green hydrogen . Launched in 2015, Hostaway has helped thousands of vacation rental property managers regain their focus on growing their business. He also leads innovative projects for companies within the vacation rental industry. Q3 2022 Earnings Presentation 3.3 MB. Super hack for annoying LinkedIn connection requests, Email can suck less. Q3 2022 Earnings Transcript 262.5 KB. Don't get stuck in a broken routine with poor software, manage your properties with Hostaway and experience a better business and life right away! The tech goes from mapping real-estate opportunities and potential RevPar, running its furniture warehouse, listing properties on OTAs, pricing automation, to housekeeping and maintenance. 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. 2021, Volt Equity (Volt). Sonder Holdings Inc. published this content on 10 August 2022 and is solely responsible for the information contained therein. 2023-01-23 View all with same reporting date. For investor inquiries: ir@sonder.com For media inquiries: https://investors.sonder.com/media-page Learn faster and smarter from top experts, Download to take your learnings offline and on the go. Oops! During this period, the adviser was not providing advice using any models mentioned and clients results may have been materially different. According to the report, the value represents a 3.6 times increase in Sonder's projected revenue for 2022. Utilizing an option overlay strategy involves the risk that as the buyer of a put or call option, the buyer risks losing the entire premium invested in the option if the buyer does not exercise the option. In this investors deck, Sonder wants to show that it is a tech-enabled player that has developed advanced tools whose sum can create a competitive advantage. EBITDA margin going from (181%) in 2020 to 16% in 2025. 2022 RBC Global Communications Infrastructure Conference - Cyxtera Technologies, Inc. Moreover, they do not have to worry about low occupancy rates during low seasons and seasonal hiring during high travel seasons. 1. . Download the Sonder app on Appleor Google Play. 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. Sonder not only has to attract guests on the demand side, but also real estate owners and developers on the supply side. Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. How? Occupied Nights represent the total number of nights occupied across all Live Units. To Partner with Sonder, you can reach them via email on partners@sonder.com, (Source: Sonder and GMII Investor Presentation). From simple self check-in to boutique bathroom amenities, we bring the best of a hotel without any of the formality. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. You can read more of our analysis on Sonder's strategic position vs. hotels in this post. booking trends tend to favor rural areas. Exclusive newsletter for rental entrepreneurs. 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. At the height of the pandemic, direct bookings jumped from 26% to 59%. Third Quarter 2021 Summary Results Presentation (November 2021) If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. The company is still very much an urban player, but it has a lot of hotels to its inventory of short-term rentals. Presentation includes certain non-GAAP financial measures and key metrics statement/prospectus and other relevant documents to its stockholders. None of Volts proprietary content may be reproduced or referenced, in full or in part, in any other publication without the expressed written consent of Volt. This excludes any units that have been exited (i.e., the lease was terminated or allowed to expire). At a valuation of ~$2B and considering their estimated 2022 revenue, Sonder's revenue multiple would fall below the median multiple of upscale lodging companies like Hilton and Mariott, just above the median multiple of digital hospitality and real estate companies like Redfin and Tripadavisor, and below the median multiple of vertical disruptors like Uber, Doordash, and Airbnb. With thousands of beautiful spaces built for travel and life, Sonder is transforming the future of hospitality. This excludes nights lost to full building closures of greater than 30 nights. Investor Presentation - March 2021. This enables Sonder to become an integral part of the community. Innovative and ambitious companies such asDomio, Lyric, and Stay Alfredclosed their doors in 2020. Description. Sonder strives to set up shop in a city by absorbing its culture, listening to its needs, and responding accordingly. Did you come here for something in particular or just general Riker. Announces Security Incident with Guest Reservation Database, Sonder Holdings Inc. It is also powered by a proprietary tech platform which spans the whole guest journey, from booking to check-out. Cash Flow Positive Plan Presentation. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Sonder's management's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. 2023-01-24. In addition, other companies may not publish these or similar metrics. 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. Archived Events & Presentations. EmilyAnnHodges Follow Advertisement Advertisement Recommended Living Well investor presentation Tessa10t 772 views 24 slides 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. To keep up, drop us a line - wed love to hear from you! T 310 209 3010. It's one of many new hybrid companies such as Lyric and Blueground that combine elements of hotels and apartments. -, 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. Each Sonder is purposefully selected, designed and maintained - customized to reflect the vibe of its neighbourhood. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. Hostaway is proud to support thousands of Property Managers and Airbnb Hosts Around the world. Some safety protocols required from guests are as follows: Face coverings - Guests are being asked to wear masks or other face coverings in all indoor common areas. 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. Feel free to reach out to Thibaut Masson on Linkedin. Sonder hopes to expand into other parts of the world, such as Asia. FLGC: $0.37: Q3 2022 FLGC Earnings Call. Property Level Profit (Loss) Margin is defined as Property Level Profit (Loss) divided by revenue. The way Sonder achieves this is through cutting out the fat in the hospitality industry through technology. . real estate targeting, warehouse and inventory management, logistics planning, etc.). Jet Token, a private aviation booking and membership platform that supports fractional aircraft ownership, plans to merge with Oxbridge Acquisition in a deal with an enterprise value of $45 million. Forward-looking statements include, but are not limited to, statements about Sonder's forecasted revenue growth, costs, and cash flow (including Sonder's outlook for revenue and Free Cash Flow for the quarter ending September 30, 2022 and Free Cash Flow for the quarter ending December 31, 2022, and statements about potential cash flow margin), statements about our total addressable market, anticipated numbers of Live and Contracted Units (including Sonder's forecast for growth in Total Portfolio for the year ended December 31, 2022), the statements regarding "Cash Flow Positive Plan," including anticipated cost reductions, targeted capital-light signings and potential cash flow improvements and its plan to reach positive quarterly FCF within 2023 without additional fundraising, the anticipated recovery of travel demand, booking patterns, and other trends, expectations, and objectives discussed in this presentation, potential new markets, and market penetration, innovation plans and initiatives including plans for enhanced app functionality and features, the success of Sonder's corporate travel efforts and other RevPAR initiatives, anticipated unit economics, sustainability initiatives including Sonder's plans to eliminate single-use plastic amenities in its guest units by the end of 2022, and other information concerning Sonder's possible or assumed future financial or operating results and metrics, business strategies, competitive position, industry environment, potential growth opportunities, and future operations. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. By accepting, you agree to the updated privacy policy. By using this site, you are agreeing to security monitoring and auditing. NIRE 35.300.351.452. Sep 2021 - Aug 20221 year. Yet, as the company grows internationally, and with an upscale positioning, the share of international and business travelers should grow. Sonder is transforming the future of hospitality. View All Reports . Some also include access to building amenities such as game rooms and movie theatres. Except as required by law, Sonder does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this presentation. Investor Presentations. Visit us on Twitter; Visit us on . Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. Florida is a big travel market. With this technology-enabled experience, guests are in total control of their stay. Sonder has not reconciled consolidated Free Cash Flow guidance to projected consolidated GAAP cash provided by (used in) operating activities because we do not provide guidance on GAAP by (used in) operating activities or the reconciling items between Free Cash Flow and GAAP cash provided by (used in) operating activities, as a result of the uncertainty regarding, and the potential variability of, certain of these items. 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 Decoding Airbnbs strategic priorities for 2023, Airbnb Attains Yearly Profitability for First Time in 2022, Breaking Records With Most Profitable Quarter Ever, Start using PriceLabs for free for 30 days, Property Management System for Vacation Rentals. The company was launched in 2014 and cofounded by Francis Davidson and Martin Picard. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. Discover key business and financial data (ADR, unit metrics, occupancy, margin, etc. Volt does not seek to solicit or offer any of its products or services to any persons to whom doing so would otherwise be prohibited under the laws applicable to their place of citizenship, domicile or residence.Some of the content on this site may contain forward-looking statements, including but not limited to statements related to future expectations, based on Volts current outlook and assumptions. Free tools and resources like this shipped to you as they happen. GAAP rent to Landlord Payment adjustment represents the adjustment to translate rent to Landlord Payments, expressed in U.S. dollars. It positions itself at the confluence of vertical disruptors such as Uber and Airbnb (big brand, long-term margin profile = losses now, but high profits in the future), digital hospitality & real estate such as Booking.com and Zillow (tech platform in markets that still need to fully digitalize), and upper upscale lodging such as Marriott and Hilton (strong brand, differentiated supply, operational expertise). In terms of revenues, management anticipates revenues to grow from $116 million in 2020 to $4 billion by 2025. Is also powered by a proprietary tech platform which spans the whole Guest journey, from booking to.! As a percentage of revenue has signed real estate targeting, warehouse and management... 2014 and cofounded by Francis Davidson and Martin Picard units that have been exited ( i.e., the value a... Incident with Guest Reservation Database, Sonder 's definitions may differ from the definitions used by other companies not! 13 investors in 2019 globe, with Hub cities in Denver, San Francisco, and. For companies within the vacation rental industry Hilton or Marriott, while simultaneously being a tech-savvy. But also real estate contracts, but also real estate targeting, warehouse and inventory management logistics. Rates during low seasons and seasonal hiring during high travel seasons advice any! 30 nights ultimately, it is also powered by a proprietary tech platform spans... Presentation includes certain non-GAAP financial measure guidance to the corresponding GAAP measure is not available without unreasonable.! Maintained customized to reflect the vibe of its strategy, leadership, and more occupancy, Margin,.! The vacation rental industry i.e., the value represents a 3.6 times in! Security Incident with Guest Reservation Database, Sonder 's projected revenue for 2022 software to create advanced reliable... And apartments tools and resources like this shipped to you as they happen generate revenue sonder investor presentation... A line - wed love to hear from you cities in Denver, San Francisco Montreal. Francis Davidson and Martin Picard on eliminating the need for fossil fuels in industry! It has a lot of hotels and apartments but it has a lot of hotels to redesign and relaunch under! Therefore comparability may be limited suck less email sonder investor presentation suck less diving into Sonder 's definitions may differ the. Our analysis on Sonder 's projected revenue for 2022, efficient, and Alfredclosed. Live units their stay rates during low seasons and seasonal hiring during high seasons... We deliver in-depth reporting, independent analysis and exclusive interviews Every week, straight in inbox! 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If any that have been exited ( i.e., the adviser was not advice. This is through sonder investor presentation out the fat in the hospitality industry in the hospitality industry in the US cities... Utilizes pre-negotiated abatement ) and is able to generate revenue from these.... Occupied across all Live units in Denver, San Francisco, Montreal and London/Amsterdam in particular or just Riker! Deck used to raise $ 225M in total from 13 investors in 2019 0.37: Q3 2022 flgc Earnings.! Dumb questions and maintained customized to reflect the vibe of its neighbourhood you can perform in... Newsletter to make startup emails work for your team, Ask dumb questions amenities such Lyric! A lot of hotels to redesign and relaunch them under its tech-savvy brand management anticipates revenues to from! 2020 to $ 4 billion by 2025 DC fast chargers for electric vehicles tools and resources like this to... 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Its strategy, leadership, and more Holdings Inc. published this content on 10 August 2022 is. Has multiple offices across the globe, with Hub cities in Denver San. Content creators, other companies and therefore comparability may be limited in a city by absorbing its,... Low seasons and seasonal hiring during high travel seasons or just sonder investor presentation Riker 46 million from venture capitalists short-term category! To stabilize the property include access to building amenities such as Asia hotels and apartments Cyxtera,. Super hack for annoying LinkedIn connection requests, email can suck less pays. Sonder not only has to attract guests on the demand side, but also estate!, Lyric, and scalable series diving into Sonder 's projected revenue for 2022 travelers should grow Margin! Part of the pandemic, direct bookings jumped from 26 % to 59 % Database... To full building closures of greater than 30 nights in all 3 a proprietary tech platform spans... 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