Vacayo

Early Stage

A landlord's favorite tenant.

Overview

Raised to Date: 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%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/06/2018

Days Remaining
Funded
% of Min. Goal

435%

% of Max. Goal

20%

Likelihood of Max
Funded
Avg. Daily Raise

$2,288

# of Investors

448

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

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