500 Startups' next batch of accelerator companies is launching now that its previous demo day has wrapped up, this time s...
Airbnb has ignited a fast-growing interest in the short-term rental market. But most landlords still rent the “traditional” way or let their properties sit empty. Many pay high broker fees to secure a tenant, but still face vacancy risks because brokers only find tenants for a fee - they don’t guarantee their work. When landlords do find tenants, they’re burdened with managing every issue that arises during their tenancy - background checks, move-in/out, collecting rents, etc. The whole process is clunky, costly and time-consuming.
We’ve built a tech-powered solution for landlords that gives them true passive income. Unlike traditional property managers, Vacayo is fee-less! We rely on an arbitrage model, using our machine-learning algorithm to assess the earning potential of a home in real time. Landlords no longer have to choose between capitalizing on their investment and spending time with family!
To scale inventory while maintaining a quality guest experience, we use Property Managers vetted through Airbnb’s Superhost network. Our property managers are local hospitality experts with the highest ratings on Airbnb. They function as independent contractors and have become our company’s biggest evangelists.
Investment Opportunity
Raised $800K in 2017 from several VC and Angel sources
Plan to raise $1.5M with a valuation cap of $10M get to institutional Series A round in June 2019
Thank you for checking out our campaign. We started Vacayo as a “side hustle” to help us pursue career goals. Truth, my then-roommate in New York City, had founded a health-tech startup that needed funding. His plan was to move to Florida and buy an investment property, but when he shared this news my reaction was “Not so fast.” I feared losing a roommate and figured there must be an alternative.
The two of us brainstormed until we hit upon an idea: What if, instead of buying a property, we just “Airbnb’d” our spare bedroom? This marked the unofficial launch of Vacayo. Our first listing booked out solid and we began leasing more places as landlord interest poured in. We didn’t know it at the time, but we’d pioneered a completely new business model—short term rental management that included furnishing and fixed income.
Since then, we’ve spoken to hundreds of landlords and discovered that a combination of fixable factors—including fear of unstable income—prevent them from renting short-term. A landlord’s worst nightmare is furnishing a home and then failing to attract guests! By bridging that gap and using the latest technology to add efficiency, Vacayo provides an invaluable service.
We are passionate about our ability to transform underperforming rentals homes into generous passive income streams for our clients. For Superhosts, they can use their passion to build flexible and fulfilling careers. On the traveler’s side, we offer functional and affordable group accommodations. Watching all the people we touch through Vacayo motivates us to push forward.
JOIN US in our mission to help people earn financial freedom through real estate. It’s the American Dream 2.0. With your support, we can help make it a reality for families across the world!
Sincerely,
$10,000,000
The maximum valuation at which your investment converts
into equity shares or cash.
Learn more
20%
If a trigger event for Vacayo occurs, the discount provision
gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.
$1.07M
Vacayo must achieve its minimum goal of $50K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more
Crowd SAFE
A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event.
·
Learn more
I think real estate will be one of the next big areas in startups.
The company's traction is undeniable and I love their concept, hustle. I've been tracking their raise and I think it speaks to their perseverance and drive. I have VERY high hopes for this investment.
I invested because I believe in Truth and Isabel and because I'm a landlord that would love them to come to Canada and offer Vacayo here as well.
This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.
All funding-portal activities are conducted by OpenDeal Portal LLC doing business as Republic, a funding portal which is registered with the US Securities and Exchange Commission (SEC) as a funding portal (Portal) and is a member of the Financial Industry Regulatory Authority (FINRA). OpenDeal Portal LLC is located at 149 E 23rd St #1314, New York, NY 10010, please check out background on FINRA’s Funding Portal page.
All broker-dealer related securities activity is conducted by OpenDeal Broker LLC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, and a registered broker-dealer, and member of FINRA | SiPC, located at 1345 Avenue of the Americas, 15th Floor, New York, NY 10105, please check our background on FINRA’s BrokerCheck.
Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.
Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, which may be restricted to only Accredited Investors or non-U.S. persons, may invest in offerings hosted by OpenDeal Broker.
Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this Site or the use of information on this site. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.
By accessing the Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. Please also see OpenDeal Broker’s Business Continuity Plan and Additional Risk Disclosures. All issuers offering securities under regulation crowdfunding as hosted by OpenDeal Portal LLC are listed on the All Companies Page. The inclusion or exclusion of an issuer on the Platform Page and/or Republic’s Homepage, which includes offerings conducted under regulation crowdfunding as well as other exemptions from registration, is not based upon any endorsement or recommendation by OpenDeal Inc, OpenDeal Portal LLC, or OpenDeal Broker LLC, nor any of their affiliates, officers, directors, agents, and employees. Rather, issuers of securities may, in their sole discretion, opt-out of being listed on the Platform Page and Homepage.
Investors should verify any issuer information they consider important before making an investment.
Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.
Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you use the Services we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license, passport or other identifying documents.
Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BankProv, member FDIC / member DIF. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BankProv and are not guaranteed by BankProv. Terms and conditions apply.
Made in SF/NYC