Evolve Raises $100 Million To Continue Building On-Ramp For The Next Generation Of Vacation Rental Guests And Owners
Evolve Raises $100 Million To Continue Building On-Ramp For The Next Generation Of Vacation Rental Guests And Owners
02/14/22, 7:00 AM
Location
denverMoney raised
$100 million
Evolve announced today a $100 million capital raise led by new investor Durable Capital Partners LP ("Durable"). Evolve, the fastest-growing vacation rental hospitality company in North America, manages over 19,000 homes and has generated more than $2 billion in rental income for its owners. Coming off of the most successful year in company history, Evolve will use the funding to accelerate property growth and to continue reimagining the vacation rental experience, building on innovations like their Rest Easy Promise for guests and Risk-Free Guarantee for owners. This latest round brings Evolve's total funding to $235 million.
Company Info
Location
denver, colorado, united states
Additional Info
Evolve is reimagining the vacation rental experience with our modern approach to hospitality and property management. We help guests rest easy with vetted homes, bookings that give back, and all the support they need for a great stay. We also make vacation rental stress-free for owners, partnering with them to book more and keep more of what they earn thanks to our industry-low 10% management fee. Learn more at www.evolve.com.