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Sonder went public via a SPAC merger with Gores Metropoulos II in a $2.2bn deal.

Synopsis

Sonder, a tech-driven hospitality company, went public via a SPAC merger with Gores Metropoulos II in a $2.2bn deal. Investors in the PIPE included Fidelity Management & Research, BlackRock, Atreides Management, entities affiliated with Moore Capital Management, Principal Global Investors, and Senator Investment Group. “Today is a historic moment for the entire Sonder team and a testament to how we’ve revolutionized the hospitality industry by reimagining and delivering what the modern traveler demands. We are really proud of what we’ve achieved to date and want to recognize the dedication of all Sonderites. We have an exceptional team in place to drive the next chapters of growth for our organization," Francis Davidson, Sonder Co-Founder and CEO.

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