Vacasa Raises $35M in Funding

vacasaVacasa, a Portland, Ore.-technology-enabled vacation rental company, raised $35m in funding.

The round was led by Level Equity.

The company will use the new capital to accelerate domestic and international expansion.

Founded in 2009 by Eric Breon and Cliff Johnson, Vacasa is a vacation rental management company that couples proprietary yield management pricing technology with full-service marketing and property management services.
The company currently offers services across 135 markets in Oregon, California, Washington, Idaho, Colorado, Florida, Georgia, Hawaii, Massachusetts, Maryland, Maine, Texas, Utah, Vermont, Belize, as well as in Chile, Italy and Spain.
It employs more than 1,000 people with recent key hires including former KPMG auditor and vice president of finance at, Ryan Vestal, as CFO, and former senior director of product engineering at The Clymb, Lorenzo Ciacci, as CTO.



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