Vacasa Secures $103.5 Million in Series B FinancingLargest investment to-date in the vacation rental management industry
PORTLAND, Ore., October 17, 2017-- Vacasa, a leading vacation rental management company, today announced the closing of a $103.5 million Series B, marking the largest funding round to date in the industry. The financing was led by Riverwood Capital and joined by existing Vacasa investors Level Equity and Assurant Growth Investing in addition to new investor, NewSpring. Founded in 2009, Vacasa has grown rapidly, managing vacation rental properties in 17 U.S. states, Europe, South and Central America, and South Africa.