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Vacasa raises $64M Series B

Vacation rental management startup continues its fundraising prowess

Vacasa Team (Credit: Vacasa)

Vacasa has raised $64 million in a Series B bridge round led by Riverwood. Other investors included Level Equity, Assurant, and Newspring. The vacation rental management company has now raised $207.5 million, according to GeekWire.

What they do: The startup lists owners properties on short-term rental platforms (Airbnb), and even sends local cleaners in between guests. It now manages 10,600 vacation rental properties. 

Interesting idea: With this new money, Vacasa will expand into real estate brokerage. It plans to sell properties to people who want to own and rent out a vacation home.

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