Inspirato, a Denver, CO-based club for luxury consumers, has raised $20m in venture capital funding from Institutional Venture Partners (IVP)
The company intends to use the funding to add at least 180 new properties in 2012 to its portfolio of luxury homes.
Led by Founder and CEO Brent Handler, Inspirato is designed specifically for luxury consumers and offers access to a portfolio of luxury homes in top destinations across the world, including California, the Caribbean, Colorado, France, Hawaii, Italy, London, Mexico, New York City, etc.
To keep membership fees low, it leases vacation properties (rather than owning them).
Launched in January 2011, Inspirato received $17.5m in equity funding led by Kleiner Perkins Caufield & Beyers (KPCB) last October (read here).