The amount of the deal was not disclosed.
The company will use the funds to expand nationwide coverage.
Led by Andrew Kitchell, CEO, and Joe Fraiman, COO, PriceMethod provides technology that enables accommodations marketplaces and property owners to operate more efficiently through optimized, automated and guaranteed pricing.
The company’s software collects over 500 million data points, proprietary algorithms then analyzes this data and recommend the best prices for each property each night. Any vacation rental host or owner can connect their Airbnb, VRBO, or HomeAway account and see their ideal price for each night, as well as update the prices on their listing site.