*** Welcome to piglix ***

TurnKey Vacation Rentals

TurnKey Vacation Rentals
Turnkey Vacation Rentals logo.png
Type of site
Private
Founded 2012; 6 years ago (2012)
Headquarters Austin, Texas, U.S.
Founder(s) T.J. Clark (CEO)
John Banczak (Chairman)
Industry Travel
Products Vacation rentals
Services Property management
Website Official website

TurnKey Vacation Rentals is a property management services company that offers services for short-term vacation rentals. The company developed a rental property management web application that allows homeowners to monitor and offer services to their short-term rental properties. Their website also allows guests to book a home at properties in cities like Austin, Texas; Santa Barbara, California; Seattle, Washington; and others. The company was founded in 2012 by former Hotwire.com and HomeAway executives.

TurnKey Vacation Rentals was founded in 2012 by CEO T.J. Clark (formerly an executive at Hotwire and Limos.com) and Executive Chairman John Banczak (formerly an executive at HomeAway) in Austin, Texas and began operating in January 2013. At the outset, the company managed around 40 properties in Austin. It raised $1.5 million in seed funding from a group of angel investors, including Orbitz CEO Barney Harford, Hotwire and TripIt co-founder Gregg Brockway, and BnB.com founder Eric Goldreyer.

By June 2014, TurnKey had expanded the number of properties to 200 and had entered markets like Santa Barbara, California, Park City, Utah, and Port Aransas, Texas. Also in June, TurnKey secured an additional $3 million in seed funding from Silverton Partners. The goal of the added funding was to expand into beach, ski, and other niche markets.

In March 2016, TurnKey announced another round of funding led by Silverton Partners and Altos Partners. The company raised an additional $10 million which brought their total amount of funding to $20 million. At that time, TurnKey was managing over 1,000 properties in around 24 markets in the United States including new additions like San Diego, Seattle, Nashville, and others. At the time, the company had 180 employees and was looking to expand to around 100 more US markets by 2018.


...
Wikipedia

...