Skift Take

Tansler enters a space where the Expedia-HomeAway deal has done astronomically more to shake up the vacation rental sector than the former is currently capable of. But the idea of adding a new level of competition to vacation rentals that already exists with hotels with sites like BackBid is something to get excited about.

weekly_startup_fundingEach week we round up the latest crop of travel startups that have received or announced funding that week. The total amount raised this week was $7.3 million.

Here are two companies that announced they raised funding this week, listed in order by the highest amount raised. See previous roundups here.

>>Eventbase raised a $6 million Series B round from new investor Madrona Venture Group bringing the Vancouver, Canada-based startup’s total funding to $8 million.

The startup’s location-based mobile app focuses on enhancing event attendees’ experiences. It’s powered native apps of global events such as the Vancouver 2010 Olympics, London 2012 Olympics, Sochi 2014 Olympics, Sundance Film Festival and South By Southwest. Its focus is on the enterprise event app market and has garnered more than 10 million downloads since its founding in 2009.

>>Tansler raised a $1.3 million seed round from several new investors including Karlani Capital, Ken Hamlet, Tony Isaac and Michael Reinsch bringing the New York City-based startup’s total funding to $2.1 million.

Tansler is a vacation rental marketplace that allows renters to name their price, choose multiple homes and submit a binding offer. Listed rates are displayed for each property alongside the renter’s offer and discount off the listed price. Hosts then have the opportunity to compete for the booking through a 24-hour reverse auction.

All transactions on Tansler are binding for both renters and owners/managers, and there is no cost for hosts to list their properties or for renters to bid on properties. Once a booking is complete, renters are charged a six percent service fee and owners/managers are charged a three percent service fee. Listings on Tansler are also non-exclusive, so owners can list properties on other websites and with real estate brokers.

Since launching in 2013, the startup has added 500,000 vacation rentals in more than 150 countries worldwide. Inventory comes directly from property managers, property management software companies and partnerships with other vacation rental websites.


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Tags: funding, vcroundup

Photo credit: Tansler is a vacation rental marketplace that allows renters to name their price, choose multiple homes and submit a binding offer. Tansler

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