Evolve Raises $80 Million for Vacation Rental Management Tech


Skift Take

Vacation rental management is becoming professionalized, and the gold rush is on.

The vacation rental tech sector continues to produce outsized funding rounds as different businesses try to take market share by offering varying models. Evolve Vacation Rental Network announced on Thursday that it had raised $80 million in capital. Funds and accounts advised by T. Rowe Price Associates led the round. Winslow Capital Management, Foxhaven Asset Management, and Arrowmark Partners also invested in what the company described as the equivalent of a Series C round. The Denver, Colorado-based company has raised a total of $103 million sin