Home > > TurnKey Vacation Rentals raises $48M, courts millionth guest to the platform

TurnKey Vacation Rentals raises $48M, courts millionth guest to the platform

07/24/2019| 12:00:06 PM| 中文

This year TurnKey says it will hit several milestones, including hosting its one millionth guest, surpassing 5,000 homes on the platform and more than $400 million in gross checkout value.

TurnKey Vacation Rentals, an Austin, Texas-based management company focused on luxury and premium properties, has secured $48 million in new funding.

The investment was led by current investor Altos Ventures, with participation from existing investors Adams Street Partners, Greenspring Associates and Harmony Partners.

Since its founding in 2013, TurnKey has raised $120 million.

TurnKey provides its proprietary technology to its properties, including digital smart locks, a housekeeping scheduling and management system, noise decibel monitors and its “HomeDroid” tablet that provides information about the home and surrounding area for guests.

"This investment in TurnKey highlights our deepening conviction that technology is the key to driving quality and efficiency in vacation rental management," says Anthony Lee, managing director at Altos Ventures.

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TAGS: investment | Turnkey | vacation | rentals
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