Vacasa is the provider of vacation rental property management services. The company offers rental management services for over 3,500 vacation rentals in the United States, Europe, Central and South America.
Vacasa is using tech to disrupt the hospitality industry, similar to companies such as Airbnb, & HomeAway. Vacasa also provides inventory for these marketplaces.
Vacasa was founded in 2009 by Eric Breon along with Cliff Johnson. The company is based in Portland, Oregon, with offices in Boise, ID and Kings Beach, California.
Vacasa unlocks the possibilities and simplifies the experience of renting out a vacation home.
Vacasa provides property management services for over 23,000 vacation rentals . in the U.S., Europe, Central and South America, and South Africa. The company also manages properties in 30 U.S. states and 16 countries.
Vacasa's AI-driven tools make it possible to deliver a consistent experience in unique vacation homes around the world, from pricing our homes to scheduling post-stay cleans.
Vacasa acquired Oasis Collections, on Oct 2, 2018, which was previously owned in part by Hyatt Hotels Corp. In 2019, the company acquired Wyndham Vacation Rentals from Wyndham Destinations for $162 million. Vacasa has also partnered with Google to integrate available rental properties into search results for traveling and lodging. It is the first vacation rental management company to do so.
Vacasa is backed by Silver Lake, Riverwood Capital, Level Equity, Dell, Alibaba, Tesla and others. The company raised a whooping $319M from a "Series C" financing on Oct 29, 2019. This new round brings Vacasa's total funding to $526.5M to date. The latest financing also gives the company a $1B valuation, to become a unicorn.
Vacasa topped the Portland Business Journal's list of Fastest-Growing Private 100 companies, in 2014. In August 2014, it was named the #9 fastest-growing privately held company in the nation by Inc. Magazine in its annual Inc. 5000 list, with an updated three-year growth rate of 16,192%. On November 16, 2016 Vacasa was ranked number 67 out of 500 on the 2016 Technology Fast 500 by Deloitte, which recognizes the fastest-growing technology companies in North America.