Monday, November 14, 2016

Vacasa Expands Series A To $40M

Portland-based Vacasa announced this morning that it has expanded its Series A funding to $40M. The additional funding came from Assurant. Vacasa devleops technology used for vacation rental management. The company founded and is led by CEO Eric Breon. The company said it will use the funding for technology development, plus accelerating growth domestically and abroad. The initial Series A close came in April, and was worth $35M. That tranche was led by Level Equity.