Tuesday 29 October 2019

Vacation rental startup Vacasa valued at $1B after new funding

On the heels of buying its biggest competitor, vacation rental startup Vacasa has raised $319 million, valuing the company north of $1 billion. The strategic round was led by Silicon Valley private equity firm Silver Lake, and brings Vacasa’s total funding to more than $500 million, the company announced Tuesday. Prior investors Riverwood Capital, Level Equity and NewsSpring also participated in the round. In an increasingly crowded field of short-term rental companies, Vacasa currently manages



source https://therealdeal.com/2019/10/29/vacation-rental-startup-vacasa-valued-at-1b-after-new-funding/

No comments:

Post a Comment