Vacayo

Vacayo

Early Stage

A landlord's favorite tenant.

A landlord's favorite tenant.

Overview

Raised this Round: Raised: $217,350

Total Commitments ($USD)

Platform

Republic

Start Date

01/23/2018

Close Date

04/28/2018

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

20%

Year Founded

2017

Industry

Real Estate & Construction

Tech Sector

Location

Mountain View, California

Who Should Be Interested:
Are you a landlord looking for a better way to find and book renters? Or, are you a renter looking for the best rental experience? Well then, look no further than investing in Vacayo. They’re revolutionizing vacation rental management -- one home at a time.

The Company:
Vacayo offers landlords a new and more effective way to rent their properties. Their tech-powered solution is fee-less, and they both lease and furnish your vacation rental property -- in under 72 hours. From cleaning the space to guest communication, Vacayo takes care of everything. First, they pay you rent upfront to become your tenant. Then, they lease your property to high-quality, short-term tenants who they carefully screen. Their secret sauce is their “superhosts,” who are local hospitality experts with the highest ratings on Airbnb. Superhosts serve as independent contractors and have helped Vacayo find the success its had. So far, they’ve earned a revenue of $1.3M, raised $800,000 in 2017, and have an alumni of, and are backed by, 500 Startups. Landlords can control everything from the Vacayo platform, including multiple properties, so they can worry less about renting...and more about enjoying the income from renters instead.

The Bottom Line:
The average rental sits empty for 45 days a year. Think about all that lost income! Vacayo takes care of that (and everything else) for you, meaning that you can rent stress free...while still reaping all the benefits.
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Vacayo 04/28/2018 Republic $10,000,000 $217,350 SAFE Funded RegCF

No prior online funding rounds.

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Vacayo on Republic
Platform: Republic
Security Type: SAFE
Valuation: $10,000,000

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Warning: according to the close date for this deal, Vacayo may no longer be accepting investments.

Vacayo Deal Report

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