MyVR – Vacation Rental Management Platform Raises $6.1M

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MyVR, a cloud based complete solution for vacation rental management is quite special for us because it’s one of our initial portfolio startups in 2012 after we incorporated Zillionize and we are glad to announce that finally MyVR has raised $6.1M in Series A funding round. This round pushes their total funding amount forward to $7.5M since their launch in October 2010. We wish them good luck for a better future ahead.

The $6.1 million round was led by True Ventures, with participation from existing angel investors. Previous investors in MyVR include SV Angel, Hotwire president Clem Bason, and Chris Dixon (prior to his joining Andreessen Horowitz).

The company is focused on serving Airbnb hosts and property managers who handle up to roughly 20 properties. MyVR’s software places listings on popular sites like Booking.com, Airbnb, and Home Away. The new funds will be used to expand the management platform’s app and service ecosystem for property managers.

“In the past year, we’ve launched an app marketplace and services marketplace, and this is one of the big reasons for our funding. We want to ramp up these third-party integrations with third-party service providers,” MyVR CEO and cofounder Jonathan Murray told VentureBeat in a phone interview. In terms of focus, Murray said: “cleaners, maintenance, and service providers; home automation; and financial stuff are the big categories we’ll focus on first.”

Please read full story at VentureBeat.

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