Vacasa is a technology-focused vacation rental management company. It develops a proprietary platform used to manage guests' daily needs, oversee property maintenance, and handle distribution. The platform is presented as central to the company's daily operations for properties. The company recently received a $30 million strategic investment. That investment was made by Davidson Kempner Capital Management and reported by DoNews on August 13, 2024. The article did not disclose additional financial metrics or operational details. Vacasa is North America’s largest vacation rental management platform based in Portland, Ore., operating 26,000+ professionally managed homes and offering 24/7 customer care. The company runs a technology platform that adjusts rates in real time to maximize homeowner revenue. Vacasa recently launched Vacasa Premium Clean, a program that meets or exceeds published CDC recommendations and follows Vacation Rental Management Association SafeHome guidance. Like many travel companies, Vacasa experienced challenges during the COVID-19 pandemic but is showing signs of recovery: guest reservations in May were six times those in April, serviced cities rose from 357 to 723 U.S. cities, and the booking window returned to about 40 days. Founded in 2009, Vacasa says it aims to capture shifting consumer demand toward professionally managed vacation rentals and to provide increased protection and support to the communities it serves. Vacasa operates an integrated technology and services platform that provides end-to-end vacation rental property management solutions to homeowners. Led by founder and CEO Eric Breon, the company manages more than 23,000 vacation homes and has hosted over 20 million guest nights since its founding in 2009. Vacasa employs more than 5,000 people and combines software with operational services to run and grow rental properties. The company intends to use newly raised capital to further enhance its technology platform and accelerate expansion into new markets. It also plans to grow new offerings, including its Real Estate division. Vacasa is a vacation rental management company that leverages technology to maximize revenue for homeowners and provide guest services across a growing portfolio. The company manages about 10,600 vacation rental properties in 23 U.S. states and 16 countries across Europe, South and Central America, and Africa. Founded in 2009 and headquartered in Portland, Oregon, Vacasa has grown to more than 2,500 employees. Management reports consistent 60% year‑over‑year growth and highlights improvements in unit economics, customer retention, homeowner and guest satisfaction. Recent product and strategic initiatives include the July launch of Vacasa Real Estate and the strategic purchase of assets from Oasis Collections. Leadership says the company plans continued domestic and international expansion, new programs, and further investment in its technology platform. Vacasa is a full-service vacation rental management company offering homeowners end-to-end property management and aiming to deliver consistent, world-class experiences to guests. The company leverages an in-house technology platform that optimizes every step of the vacation rental process for homeowners and guests. Founded in 2009 and based in Portland, Oregon, Vacasa manages a portfolio of more than 6,000 vacation homes across 17 U.S. states, Europe, Central and South America, and South Africa. The company has grown to over 1,600 employees and says it almost tripled its revenue and unit count in the year and a half since Level Equity invested. With the new capital, Vacasa plans to expand into new destinations, continue development of its core technology, and hire 100+ full-time roles including software engineers, business development, marketing, and field staff. Vacasa’s stated goal is to become the largest U.S. vacation rental management company.

Total raised

$700M

Funding rounds

7

Latest round

Equity

Latest activity

Aug 2024