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. 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. Description. Contracted Units are units for which Sonder has signed real estate contracts, but are not yet available for guests to book. 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. Sonder's management uses these non-GAAP financial measures, collectively, to evaluate ongoing operations and for internal planning and forecasting purposes. Success! Targeted Regeneration Presentation - January 12, 2023 1.2 MB. . -, 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. T 310 209 3010. If approved, the company will be renamed Jet.AI and is expected to list on . To view our website, you Sonder is transforming the future of hospitality. We take in pride in being Top Ranked in Vacation Rental Software Review Sites: the Sonder apartment / room and building-wide, Access your Sonder's building, door, and WiFi codes. selina investor presentation. Sonder is clear about its ambition to build a new kind of hospitality brand (who would want to create an outdated brand??). Tap here to review the details. Sonder had actually always be hotel-like in its services, but stricter city regulations had pushed it to seek hotel licenses even before COVID-19 started. Sonder valuation as of 10/28/2021 and projections as of Q3 2021. Cyxtera Management Q2 2022 Earnings Call. Thanks to its seamless check-in tech, digital concierge, and customer service via messaging, Sonder can give service guests without needing any or too many on-site staff, which is a source of cost savings. Something went wrong while submitting the form. Property Level Profit (Loss) Margin is defined as Property Level Profit (Loss) divided by revenue. makes us believe Sonder's stock has the ability generate over 1,000% return in the next 5 years. In addition, other companies may not publish these or similar metrics. Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. Sonder has multiple offices across the globe, with Hub cities in Denver, San Francisco, Montreal and London/Amsterdam. Investing involves risk and possible loss of principal capital. As a new player, its brand was not famous enough to attract direct bookings and its existing customer base was not large enough to make up for flow of new customers booking new Sonder locations on OTAs. 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. It is also powered by a proprietary tech platform which spans the whole guest journey, from booking to check-out. Sonder supplements its consolidated financial statements presented in accordance with generally accepted accounting principles in the United States ("GAAP"), by providing additional financial measures that are not prepared in accordance with GAAP, including Property Level Costs, Property Level Profit (Loss), Property Level Profit (Loss) Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Free Cash Flow, Free Cash Flow Margin, Cash Contribution and Cash Contribution Margin. 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. The Sonder and GM II and their respective affiliates own or have rights to various that Sonder's Q3 2022 Earnings Transcript 262.5 KB. Innovative and ambitious companies such asDomio, Lyric, and Stay Alfredclosed their doors in 2020. By using this site, you are agreeing to security monitoring and auditing. 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 wants to be a global hospitality brand and has already expanded internationally. Jan 9, 2023 12:00 PM EST 41st Annual J.P. Morgan Healthcare Conference. Unless otherwise noted, any performance returns presented in these materials reflect hypothetical performance. Officially launched in 2014 and headquartered in San Francisco, Sonder is making a world of better stays open to all with a variety of accommodation options from rooms to suites and apartments found in 40+ cities spanning ten countries and three continents. Investor Presentation (November 2022) 2Q22 Shareholder Letter. Essentially, Sonder is highly ambitious in its aims to become the next Hilton or Marriott, while simultaneously being a highly tech-savvy company. Starting from right to left: Usually a lodging provider would need to make a trade-off in terms of these 3 dimensions of price, design, quality consistency. Sonder Holdings Inc. published this content on 10 August 2022 and is solely responsible for the information contained therein. Its backers have included Fidelity, WestCap, ScaleUP Ventures, Real Ventures and Inovia Capital, among others. Through its digital-first approach, consistent high-quality, and beautifully designed short-term rentals, Sonder will appeal to a different segment of consumers mainly concentrated around business travelers, business traveler groups, families, and digital nomads. Moreover, they do not have to worry about low occupancy rates during low seasons and seasonal hiring during high travel seasons. For investor inquiries: ir@sonder.com For media inquiries: https://investors.sonder.com/media-page Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. 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. In 2014, Davidson hit the first $1 million in revenue and dropped out of McGill a few credit shorts of graduating to focus full time on his startup, now called Sonder. Announces Security Incident with Guest Reservation Database, Sonder Holdings Inc. Bookable Nights represent the total number of nights available for stays across all Live Units. dMY III Technology Group Acquisition Corp's investor conference call and presentation discussing the transaction can be accessed by visiting www.dmytechnology.com. The company was launched in 2014 and cofounded by Francis Davidson and Martin Picard. There was an error submitting your subscription. Blend's cloud-based software platform is designed to power the end-to-end consumer journey for any banking product from application to close. Building the next generation hospitality brand with $225 million in new funding. View All Annual Reports. 01/30/2023 08:00 AM ET. Once again, Sonder explains how it blends its real-estate expertise, tech-savviness, and interior design to offer a consistent guest experience at an attractive price. Sonders innovative app empowers guests by making self-service features and 24/7 on-the-ground support just a tap away. Cities like Orlando and Kissimmee usually rank high in market size for vacation rental revenues. With keycodes, housekeeping can't enter when guests are inside, for example; and a rental's readiness to accept new guests can be checked instantly and remotely via the portal. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. This enables staff to respond to concerns instantly, boosting customer satisfaction and ensuring guests feel taken care of throughout their stay. Sonder pays rent (or utilizes pre-negotiated abatement) and is able to generate revenue from these units. Now check your email to confirm your subscription. Presentations are particularly . Sonder features contactless service on its guest app, allowing it to carry out more requests with contract-free service. Oops! 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. 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. Media Relations Lissa Pavluk (617) 977-6764 media@apellis.com. Your email address will not be published. EmilyAnnHodges Follow Advertisement Advertisement Recommended Living Well investor presentation Tessa10t 772 views 24 slides Required fields are marked *. Scribd is the world's largest social reading and publishing site. Takeaway: Sonder is expecting insane levels of growth, and despite being in a capital-intensive business, sees a rapid path to profitability. 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. Sign up to our email list so you don't miss a thing. Below are the highlights from the presentation. When it comes to comparing its metrics, such as RevPar and operating costs, Sonder is comparing itself to hotels, especially to upper upscale hotels where guest rates and service costs are high. It could be that bookings from OTAs like Airbnb and Booking.com were canceled by force majeure and that Sonders direct bookings were not. Due to the company's recent changes to its business model, it may be possible to scale more quickly. The company wants to show that it can offer equivalent or better service level at a lower cost thanks to tech and automation. 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. Investor Presentation (May 2022) 2021 Annual Shareholder Letter. The content should not be considered investment advice and is for educational purposes only. Volt does not purport to provide any legal, tax, or accounting advice. Did you come here for something in particular or just general Riker. Debarshi Ghosh. 08/11/2022 08:30 AM ET. 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! EBITDA margin going from (181%) in 2020 to 16% in 2025. Instead, guests are sent a secure key code prior to arrival for a completely contactless check-in. Download the Sonder app on Appleor Google Play. 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 growth of its platform is heavily influenced by supply growth or the sheer number of listings. In essence, Sonder is a hotel-quality room without the commercial feel of a hotel. These margins being driven by post-COVID recovery, better lease agreements, and RevPAR and Property Level Cost initiatives. With Vacasa, it's easy for anyone to turn their second home into a vacation rental in over 400 destinations across North America, Belize, and Costa Rica. 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, View this Presentation PDF Format Download (opens in new window) . Heliogen is a renewable energy technology company focused on eliminating the need for fossil fuels in heavy industry and powering a sustainable future. Many services like the front desk, concierge, customer service, cleaning are replaced with their app. Third Quarter 2021 Summary Results Presentation (November 2021) In this way, they collaborate and add value to the hospitality industry within that city and allow real estate developers to have a quicker turnaround. Tritium's compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and . Fidelity, Westcap Group, and Inovia Capital led the deal that values Sonder at a post-money valuation of $1.3 billiona slight up-tick from its Series D round last July. March 22, 2021. 08/11/2022. 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. Investor Presentation Template Shai Goldman 260.4k views 19 slides VC Pitch - Presentation template (The 10/20/30 Rule of PowerPoint) davidklein 67.2k views 21 slides SeedInvest Pitch Presentation Template SeedInvest 73.6k views 10 slides Business Plan Pitches Mercury Technology Labs 6.1k views 30 slides Sonder believes that these non-GAAP financial measures are useful in evaluating its operating performance, and may assist investors in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. Among the startup's most notable features are that it converts properties into short-term rental properties and hotels. Historical Quarterly Financials 237.6 KB. So you do not need to waste the time on rewritings. Sonder Holdings Inc is engaged in providing hospitality through its tech-enabled services. A 24-hour concierge service can be contacted via the Sonder app. Investors should also understand that there is no guarantee that Volts investment strategies or decisions will prove to be profitable. In addition to being easy to use, it is also reliable, efficient, and scalable. According to Sonder, they sign multi-year fixed leases, mixed leases, or revenue shares as the anchor or sole tenant in your current properties and development projects, increasing NOI (Net Operating Income), accelerating lease-ups, and helping de-risk cash flow. 02/28/2023 11:00 AM ET. Activate your 30 day free trialto continue reading. The content and proprietary research found on this site, unless stated otherwise, has been entirely produced by Volt. At the height of the pandemic, direct bookings jumped from 26% to 59%. Existing Sonder investors, including Canada's Inovia Capital Growth Fund I, will retain 74-per-cent ownership. Private Equity/Venture Capital/Angel Investor in the Fintech/Blockchain and Hotel/Hospitality Sector, Do not sell or share my personal information. . Largest Addressable Market of Any Prescription Weight Management Approach FDA-Cleared Proprietary Nature-Inspired Solution Protected by a Large Portfolio of Patents Unique Go to Market Strategy Delivering Affordable Solution with Easy Access, Speed & Transparency Strong R&D Pipeline Targeting Adjacent Markets Learn More Latest News NIRE 35.300.351.452. And Adj. This excludes any units that have been exited (i.e., the lease was terminated or allowed to expire). booking trends tend to favor rural areas. Announces Third Quarter 2022 Financial Results. 11, 2019 120 likes 116,006 views Download Now Download to read offline Travel Building the next generation hospitality brand with $225 million in new funding. 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. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. Thank you for your interest in the U.S. Securities and Exchange Commission. However known and unknown risks and uncertainties may cause actual results to materially differ from what is expressed in such statements. Corporate Overview. Investors should be aware of the inherent risks involved in investing in the markets and that past performance is not an indication of future results. check out the ultimate pitch deck collection here! By accepting, you agree to the updated privacy policy. By providing 24/7 guest support, self-check-in, stocked kitchens, crisp linens, and everyday amenities, Sonder ensures a unique, yet consistent experience. Hostaway takes pride in aligning itself with the needs of the fast evolving landscape and always provide reliable technology and great support. must have JavaScript enabled in your web browser. 2023-01-24. GAAP rent straight lines abatement and future escalation payments over the duration of the real estate contract. On the pre-existing high cleaning standards with additional Covid-19 specific recommendations from the WHO, CDC and Canadian Public Health Agency guidelines, Sonder ensures every single housekeeper undergoes extensive training to ensure they employ Sonders high standards each and every time. 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 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 . Driven in part by increasing supply from 12k total units (live + contracted) in 2020 to 102k total units in 2025. 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. It converts properties into short-term rental properties and hotels other companies may not publish these sonder investor presentation metrics. Customer service, cleaning are replaced with their app through its tech-enabled services low rates. Responsible for the information contained therein in such statements company wants to show that it converts properties short-term... 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