TurnKey Vacation Rentals, Inc., today announced it has secured $31 million in Series D funding. The round was led by current investor Adams Street Partners, with participation from existing investor Altos Ventures and two new institutional investors.
TurnKey provides full-service vacation rental property management and 24/7 service through smart home technology combined with local teams. The company’s proprietary technology platform integrates its smart locks, decibel monitors, FieldSync housekeeping scheduler and HomeDroid tablets installed in every TurnKey home to automate time-consuming property management tasks, giving homeowners and guests a reliable, fine-hotel experience in a vacation rental.
“At TurnKey, we’ve doubled our growth each year since 2013, while expanding into 55 top markets across the U.S.,” said T.J. Clark, TurnKey co-founder and CEO. “We are thrilled by the continued support of our investors to help us further establish TurnKey as the hospitality brand of choice for vacation rental guests and homeowners.”