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§ Private Profile · San Francisco, CA, USA
Global hospitality exchange platform connecting travelers with local hosts for free stays, emphasizing cultural exchange and budget travel.
Couchsurfing is a globally operating hospitality exchange platform that connects budget travelers with local hosts worldwide for free accommodations and cultural networking. Originally established as a nonprofit organization, the entity transitioned to a for-profit Delaware C corporation in 2011 after securing $7.6 million in first-round venture funding. At its historical peak, the platform scaled to support a massive network of over 20 million registered users globally, facilitating short-term stays and community events for solo adventurers and international tourists without direct monetary exchange. The company's corporate transition and subsequent operational growth were financially backed by notable venture capital and impact investment firms, specifically including Benchmark Capital and Omidyar Network. Couchsurfing was officially incorporated as a nonprofit in 2003 and publicly launched its website in 2004 by co-founders Casey Fenton, Dan Hoffer, Sebastien Le Tuan, and Leonardo Silveira.
Couchsurfing has raised $23.0M across 2 funding rounds.
Key people at Couchsurfing.
Couchsurfing was founded in 2004 by Daniel Hoffer (Co-Founder and Chairman) and Casey Fenton (Founder).
Couchsurfing has raised $23.0M in total across 2 funding rounds.
Couchsurfing has raised $23.0M across 2 funding rounds. Most recently, it raised $15.0M Series B in August 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2012 | $15M Series B | Jonathan TEO | Baseline Ventures, Benchmark, Greylock, Lowercarbon Capital, Lumia Capital, Sequoia Capital, Adam D'angelo, Michael Abramson, Shervin Pishevar, Omidyar Network | Announced |
| Aug 1, 2011 | $8M Series A | — | Baseline Ventures, Benchmark, Greylock, Lowercarbon Capital, Sequoia Capital, Adam D'angelo, Michael Abramson, Omidyar Ventures | Announced |
Key people at Couchsurfing.
Couchsurfing was founded in 2004 by Daniel Hoffer (Co-Founder and Chairman) and Casey Fenton (Founder).
Couchsurfing has raised $23.0M in total across 2 funding rounds.
Couchsurfing's investors include Jonathan Teo, Baseline Ventures, Benchmark, Greylock, Lowercarbon Capital, Lumia Capital, Sequoia Capital, Adam D'Angelo, Michael Abramson, Shervin Pishevar, Omidyar Network, Omidyar Technology Ventures.
Couchsurfing is a global hospitality‑sharing platform that began as a community-driven project to connect travelers with local hosts offering free lodging, and later became a for‑profit company that has since tried to balance community values with financial sustainability[5][1].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: Couchsurfing pioneered community‑based travel exchange and remains influential as a proof‑of‑concept for social hospitality, but its transition from volunteer nonprofit to venture‑backed company exposed tradeoffs between scale, safety, and the original communal values that defined its early success[1][4].