Vacasa, the Portland, Oregon-based international vacation rental business, is officially the country’s latest unicorn company. It joins the ranks of privately-held startups with over $1 billion dollar valuations.
The official designation comes thanks to the company raising $319 million during a Series C funding round led by Menlo Park, California private investment firm Silver Lake. With this latest infusion of funding, Vacasa’s value sits at $526.5 million.
News of the company’s brand new status as a Unicorn comes not long after news broke of Vacasa purchasing Wyndham Vacation Rentals for a price tag of $162 million.
Based on anonymous employee ratings on Comparably, Vacasa employees rate the company highly in several areas: 93% said they look forward to interacting with their coworkers. 100% say they approve of the job the company’s executive team is doing. 85% describe their workplace as positive.
Vacasa employees say:
“Everyone seems to genuinely like each other, and be empathetic.” – Employee review
“My team knows the importance that each member holds.” – Employee review
“Full health benefits included, it’s great.” – Employee review
“At our company we have an amazing team feel.” – Employee review