Vacatia, Inc.
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Vacatia, Inc. - overview
Established
2013
Location
Mill Valley, CA, US
Primary Industry
Internet
About
Vacatia, Inc. specializes in vacation ownership resales and rentals, blending residential accommodations with hotel-like services to enhance family and group travel experiences. Founded in 2013 in Mill Valley, US, Vacatia, Inc. operates as a platform for vacation ownership transactions.
The company has secured a total of USD 20. 00 mn through its Series B funding round in November 2021, establishing a current company valuation of USD 104. 589 mn. Caroline Shin is the CEO and founder of Vacatia, having led the company through its initial funding stages and strategic development.
Vacatia operates as a platform that provides vacation ownership resales and rentals, focusing on the unique blend of residential space and hotel-like services. Their core offerings include resort residences that feature the space of a home, such as full kitchens, separate bedrooms, and living areas, along with hotel services including housekeeping and on-site staff. These residences cater primarily to families and groups seeking both comfort and convenience during their travels. Vacatia is positioned as the endorsed resale partner for prominent brands, such as Disney Vacation Club, Royal Resorts, and Westgate Resorts, thereby connecting users with established resort communities.
The company serves a diverse clientele across multiple geographical markets, including popular destinations in the United States, Mexico, and the Caribbean, targeting customers looking for flexible vacationing options and ownership opportunities. Vacatia generates revenue through a structured fee system associated with vacation ownership transactions. When an individual sells their vacation ownership interest through Vacatia's platform, the company charges a platform fee based on the sale price of the interest. These fees are tiered; for example, a fee of USD 500 is applied for sales ranging from USD 0 to USD 5,000, with increasing fees up to USD 2,000 for sales between USD 15,000.
48 and USD 25,000. The platform facilitates direct transactions between sellers and buyers, primarily in a Business-to-Consumer (B2C) model, enabling owners to list and sell their vacation interests while prospective buyers can explore available properties. Additionally, Vacatia offers discounts and promotional incentives to enhance customer engagement, thereby optimizing transaction volume and customer satisfaction. In November 2021, Vacatia, Inc.
raised USD 20. 00 mn in Series B funding from individual and unspecified investors. The funding will be utilized to develop and adopt new technology solutions for both B2C and B2B markets, as well as to acquire existing companies to increase profits and enhance customer service. The company aims to expand its market presence and explore new geographical regions, although specific targeted markets and dates for this expansion have not been disclosed.
Current Investors
Javelin Venture Partners, Peterson Partners, Maveron
Primary Industry
Internet
Sub Industries
Travel & Tourism, Search Engines
Website
www.vacatia.com
Verticals
E-commerce
Company Stage
Series B
Total Amount Raised
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