WANDER RAISES $50M SERIES B TO BUILD THE TRUSTED BRAND IN VACATION RENTALS
1,000+ locations. Industry-leading 85 NPS. A better way to stay.
SAN FRANCISCO, May 28, 2025 /PRNewswire/ -- The short-term rental market is massive, but it remains deeply fragmented. For guests, every booking feels like a gamble. For owners, managing a property is anything but passive. The result is an experience that's often inconsistent, unsupported, and unreliable. Consistency and quality is needed now more than ever. Wander is fixing that—end to end.
Today, the company announced a $50 million Series B funding round, co-led by QED Investors and Fifth Wall with participation from Redpoint Ventures, Uncork, Starwood, and Breyer Capital and many other returning and new investors. The capital will accelerate Wander's expansion and deepen its investment in WanderOS, its proprietary AI operating system that manages logistics and guest needs with hotel-grade consistency, at scale.
"We are excited to continue to support John Andrew and the whole Wander team by co-leading their Series B round. Wander has built a world-class brand with industry-leading software to bring the Wander experience to thousands. Reviews have been overwhelmingly positive with NPS scores in the 70s and 80s. In just one year, the company has signed over 1,000 homes and looks to continue adding coverage to the map. WanderOS has enabled this tremendous growth while making the process for owners to onboard to Wander seamless," said Chuckie Reddy, Partner at QED Investors.
"The short-term rental market represents a massive and under-optimized asset class, and Wander is uniquely positioned to lead it into its next chapter," shared Dan Wenhold, Partner, Fifth Wall. "By combining premium inventory, a trusted brand, and category-defining software, Wander is setting a new standard for consistency and scale in a historically fragmented space—delivering an end-to-end, high-touch, high-quality travel experience. We're proud to co-lead this round and to continue backing John Andrew and the Wander team as they redefine the future of travel."
A Better Way to Stay. A Better Way to Find Your Happy Place.
Wander is building the first true brand in short-term rentals—one that combines the dependability of a luxury hotel with the warmth and character of a thoughtfully designed home. Rather than trying to capture the entire market, Wander focuses on the top 5% of properties, the homes that already drive 30% of the industry's revenue. These properties are then elevated through WanderOS, which brings consistency and operational excellence across every single touchpoint of the guest and owner experience.
With Wander, every stay includes:
- Spaces that look even better than the photos
- Premium beds, fast Wi-Fi, and seamless check-in
- Smart, always-available concierge support powered by humans and AI
In Q1 2025, Wander earned an industry-leading customer NPS of 85, demonstrating that trust and satisfaction are not only possible in this category: they're scalable.
Scaling Hospitality with AI
WanderOS is transforming the way short-term rentals are operated, automating everything from listing creation to maintenance coordination. Wander is on track to automate 95% of operational tasks within the next 18 months.
As of April 2025, Wander has more than 1,000 incredible homes live, up 14x year over year, and has seen:
- 35,000+ total nights booked as of Q2 2025
- A 92.1% customer satisfaction rate and a 9.3/10 average trip rating
- 27% repeat customer booking rate
This growth is powered by Wander's ability to deliver a unified platform that addresses guest experience, owner satisfaction, and operational efficiency, all at scale.
Positioned for Global Impact
Wander is targeting the $35B+ tier of luxury homes across North America and beyond - the properties that guests remember and owners seek to maximize. With this Series B funding, Wander will expand into new markets, invest further in AI-powered operations, and continue building a global brand grounded in quality, trust, and technology.
In a fragmented category, Wander is stitching it all together. Unrelenting brand standards. Customer delight. Distribution. Operations. All under one roof. For those who believe short-term vacation rentals should be more reliable, more enjoyable, and more inspiring, Wander is building the future.
Find your happy place.
Wander.com
Contact
Cristin Culver
Press@wander.com
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SOURCE Wander