Vacayo
About this raise: 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.
Investment Overview
Invested $217,350 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Real Estate & Construction
- Tech Sector
- Location
- Mountain View, California
- Company Website
-
Visit Website
Team
- Employees
- 3
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/28/2018 | Republic | $10,000,000 | $217,350 | SAFE | Funded | RegCF |