The short-term apartment provider raised the funding at a $1.3bn valuation and is seeking another $30m to close the round at $200m.

US-based travel accommodation provider Sonder has secured $170m in a series E round valuing it at $1.3bn that, according to The Real Deal, included home builder Lennar, it announced on Wednesday.

Investment and financial services group Fidelity co-led the round with growth equity firm WestCap and venture capital firm Inovia Capital, and The Real Deal reported that it also featured Spark Capital, Greenoaks Capital, Valor Equity, Greylock Partners, Atreides Capital and Tao Capital.

Founded in Canada as Flatbook in 2012,…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.