Inspirato, a Denver, CO-based luxury vacation club, secured $20m in growth financing.
Backers included new investor W Capital Partners and existing investors Institutional Venture Partners and Millennium Technology Value Partners.
The company, which has raised approximately $70m in equity financing to date, intends to use the funds for portfolio expansion and investment in technology-based innovation.
Launched in 2011 by Brent Handler, CEO, Inspirato is a large destination club with hundreds of luxury vacation choices in dozens of sought-after destinations for travelers seeking a superior alternative to hotels, resorts and online villa rentals. In March 2013, the company launched Inspirato “Inspirato with American Express”, a private club that provides its members with access to a collection of luxury vacation homes, experiences and VIP offerings.
Inspirato has just under 8,000 members today and 240 luxury homes across the U.S., Mexico, Europe and the Caribbean.
FinSMEs
24/09/2014