Thursday, October 18, 2018

Vacasa Takes $64M More Vacation Rental Management

Portland-based Vacasa has raised another $64M in funding, the company said on Thursday, boosting the company's total amount of funding to an astounding $207.5M. The startup, led by CEO and founder Eric Breon, said the funding was led by existing investor Riverwood Capital, and also included other current investors, including Level Equity, NewSpring and Assurant Growth Investing. Vacasa offers up vacation rental management to property owners and says it now manages 10,600 vacation rental properties across 23 U.S. states and 16 countries within Europe, South and Central America, and Africa. The company was founded in 2009, and last raised a funding round in October of 2017. More information »