While I tend to refrain from covering funding announcements, this one seemed like it would be of particular interest to folks. If only as a signal that we should be including a new name when rattling off the impressive startups in our community. You see, Portland’s Vacasa just announced that they have raised $35 million in Series A financing. And that’s the largest round any Portland company has raised in two years.
What’s more, Vacasa will soon be moving into the space that once housed Puppet and currently houses Simple. And in so doing will increase its visibility within the Portland startup community.
What makes Vacasa a sought after investment? According to GeekWire, CEO and cofounder Eric Breon summarizes it this way:
“Airbnb plays in the peer-to-peer space, which has grown quickly,” he said. “We see Airbnb as the eBay of our industry, while we view ourselves as the Amazon of our industry.”
For more information on the funding round, see writeups in GeekWire, the Portland Business Journal, and The Oregonian.