About Affordable Suites
Affordable Suites is a company based in Matthews (United States) founded in 2012 was acquired by Lindsay Goldberg in January 2019.. Affordable Suites offers products and services including Spacious Suites, Full Kitchens, Separate Bedrooms, and Pet-Friendly Rooms.
- Headquarter Matthews, United States
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name As Manager Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Lindsay Goldberg
(Jan 14, 2019)
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Products & Services of Affordable Suites
Affordable Suites offers a comprehensive portfolio of products and services, including Spacious Suites, Full Kitchens, Separate Bedrooms, and Pet-Friendly Rooms. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Extended-stay suites with full kitchens and living areas
Equipped kitchens for preparing home-cooked meals
Private bedrooms with TVs for added comfort
Rooms accommodating pets for traveler convenience
Funding Insights of Affordable Suites
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Affordable Suites
Affordable Suites has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Lindsay Goldberg. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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PE firm invests in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Affordable Suites
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Affordable Suites
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Affordable Suites Comparisons
Competitors of Affordable Suites
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Affordable Suites
When was Affordable Suites founded?
Affordable Suites was founded in 2012.
Where is Affordable Suites located?
Affordable Suites is headquartered in Matthews, United States. It is registered at Matthews, North Carolina, United States.
Who is the current CEO of Affordable Suites?
Gary DeLapp is the current CEO of Affordable Suites.
What does Affordable Suites do?
Affordable Suites was established in 2012 and is headquartered in Matthews, United States. Operations are centered on providing budget-friendly suite accommodations within the hospitality industry. Services include room rentals and guest facilities tailored for short- and long-term stays. The company is led by CEO Gary DeLapp, with activities focused on domestic markets to support affordable lodging options.
What products or services does Affordable Suites offer?
Affordable Suites offers Spacious Suites, Full Kitchens, Separate Bedrooms, and Pet-Friendly Rooms.
Who are Affordable Suites's investors?
Affordable Suites has 1 investor. Key investors include Lindsay Goldberg.