Inspirato, a Denver, CO-based private club that allows members to reserve vacations in luxury residences, closed an $11m equity financing.
The company intends to use the funds to expand its proprietary technology platform and add new partnerships.
Founded in January 2011 and led CEO Brent Handler, Inspirato requires a one-time non-refundable fee of $15,000 to offer access to below-market nightly rates. Members may currently reserve vacations in more than 40 luxury residences including Los Cabos, Mexico; the Caribbean island of Anguilla; Tuscany, Italy; Big Island and Maui, Hawaii; Kiawah Island, South Carolina; Newport Beach, California; Vail, Beaver Creek, Aspen, andSnowmass Village, Colorado; and Deer Valley, Utah.
The company also plans to add other US, Caribbean, and European homes in the coming months.