Vacatia provides consumer-facing products including resort condominium rentals, subscription-based travel products and timeshare resales, and delivers B2B solutions through Vacatia Partner Services. Its B2B offerings include rental, resale, subscription membership products and property management for timeshare resorts. The company says it will continue to develop and adopt new technology solutions for both its B2C and B2B markets and pursue acquisitions to increase profits and enhance customer service. In connection with the financing Vacatia finalized agreements to acquire Liberté Management Group and to serve as manager for Gold Point Resort. Vacatia now manages 15 resorts with 30,000 owners across seven states. The company was founded in 2013 and is led by CEO Caroline Shin. Vacatia is a San Francisco-based resort marketplace serving vacationing families. The platform features hospitality, timeshare, and premier independent resorts, focusing on fully managed and professionally serviced timeshare and resort-condominium complexes. The company was founded in 2013 and is led by Caroline Shin, with Chairman Keith Cox, President Michael Burns and CMO Mike Janes. Vacatia is a member of the American Resort Development Association (ARDA). The company intends to use the new funding to continue building out its new service, recruit select new team members and expand geographically. Vacatia operates an online secondary marketplace that connects timeshare sellers and buyers and focuses on professionally managed resort rentals. Users create free accounts, list resale shares, and Vacatia supplements listings with resort information and offers a verification process to elevate listings. When buyer and seller agree, the platform introduces a title company to handle escrow and closing, and Vacatia takes a percentage of the sale proceeds as its fee (the article gives a 10% example: $1,000 on a $10,000 sale). The company has a preferred broker program that halves sales fees for participating brokers. Vacatia differentiates itself from other listings sites (eBay, Redweek, Sellmytimesharenow.com) by maintaining a free, open and liquid marketplace for sellers, buyers, brokers and developers. Vacatia raised $5 million in seed funding from a group of investors including Spencer Rascoff, Erik Blachford and venture firms such as Maveron and Bee Partners. Founder and CEO Keith Cox says the company plans to expand beyond resale listings into primary developer and homeowners association listings to enable direct purchases from developers.

Total raised

$32M

Funding rounds

3

Latest round

Series B

Latest activity

Nov 2021