Vacasa, a Portland, Ore.-based technology-enabled vacation rental management company, raised an additional 5m in Series A funding.
Risk management provider Assurant (NYSE: AIZ) made the investment which follows the $35m portion closed in April 2016.
The company will use this extension to accelerate growth domestically and abroad, and to accelerate technology development and innovation.
Founded in 2009 by CEO Eric Breon, Vacasa offers vacation rental owners a full-service management service, including maintenance, housekeeping, and pricing technology. Its proprietary technology systems are backed by dedicated local teams managing daily operations.
The company, which employs more than 1,400 people globally, now manages 4,100+ properties across the U.S., Spain, Italy, Chile, Costa Rica and Belize.
FinSMEs
14/11/2016