RedAwning - About the company
RedAwning is a series C company based in Berkeley (United States), founded in 2010 by Tim Choate. It operates as an Online marketplace to book a vacation rental for travelers. RedAwning has raised $40M in funding from Silversmith. The company has 173 active competitors, including 22 funded and 15 that have exited. Its top competitors include companies like Airbnb, Vrbo and AvantStay.
Company Details
Online marketplace to book a vacation rental for travelers. Travelers can book the stay by selecting their preferred stay, providing preferred dates, number of people, personal details, and more. Bookings can be done through their app by making an online payment. Owners can list their properties on the platform. Their app is available for iOS and Android devices.
- Website
- www.redawning.com/
- Registered Address
- 5900 Hollis St, Suite S Emeryville, CA 94608
Key Metrics
Founded Year
2010
Location
Berkeley, United States
Stage
Series C
Total Funding
$40M in 2 rounds
Latest Funding Round
Investors
Ranked
7th among 173 active competitors
Employee Count
71 as on Dec 31, 2019
Legal entities associated with RedAwning
RedAwning is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
REDAWNING.COM, INC. CIN: 27-4170311 , United States, Active | Nov 15, 2010 | - | 71 (As on Dec 31, 2019) | - |
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RedAwning's funding and investors
RedAwning has raised a total funding of $40M over 2 rounds. Its first funding round was on Aug 08, 2017. Its latest funding round was a Venture Debt round on 2022 for $*****. 1 investor participated in its latest round. RedAwning has 5 institutional investors.
Here is the list of recent funding rounds of RedAwning:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2022 | 6849 | Venture Debt | 1626 | 7759 | 5442 | 9324 |
Aug 08, 2017 | 9136624 | Series C | 3669466 | 7551154 |
View details of RedAwning's funding rounds and investors
RedAwning's founders and board of directors
Founder? Claim ProfileThe founders of RedAwning is Tim Choate. Tim Choate is the CEO of RedAwning.
Here are the details of RedAwning's key team members:
- Tim Choate: Co-Founder & CEO of RedAwning.
View details of RedAwning's Founder profiles and Board Members
RedAwning's employee count trend
RedAwning has 71 employees as of Dec 19. Here is RedAwning's employee count trend over the years:
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RedAwning's Competitors and alternates
Top competitors of RedAwning include Airbnb, Vrbo and AvantStay. Here is the list of Top 10 competitors of RedAwning, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Airbnb 2008, San Francisco (United States), Public | Provider of accommodations, experiences, and related services through an online platform | $3.07B | 87/100 | |
2nd | Vrbo 1995, Austin (United States), Public | Online marketplace for vacation rentals | $515M | 78/100 | |
3rd | AvantStay 2016, Los Angeles (United States), Series D | Online booking platform for vacation rentals | $737M | 75/100 | |
4th | Airbnb 2007, San Francisco (United States), Public | App-based marketplace for vacation rental accommodations | $585K | 72/100 | |
5th | Vacatia 2012, San Francisco (United States), Series B | Online marketplace for vacation rental accommodation | $51M | 64/100 | |
6th | Key Concierge 2014, Austin (United States), Series A | Luxury vacation home rentals with concierge services for unforgettable stays | $17M | 55/100 | |
7th | RedAwning 2010, Berkeley (United States), Series C | Online marketplace to book a vacation rental for travelers | $40M | 48/100 | |
8th | Xplorie 1996, Destin (United States), Acquired | Online marketplace for booking vacation rentals bundled with activities | - | - | 46/100 |
9th | Rabbu 2016, Charlotte (United States), Seed | Online platform to discover & book vacation rentals | $1.91M | 44/100 | |
10th | VaycayHero 2011, San Francisco (United States), Acquired | Vacation rentals marketplace offering diverse properties and destinations with member benefits | $2.9M | 39/100 |
Looking for more details on RedAwning's competitors? Click here to see the top ones
RedAwning's Investments and acquisitions
RedAwning has not made any investments yet. RedAwning has made 5 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Apr 24, 2024 | Acquisition | 2002 | San Francisco (United States) | |
Nov 17, 2022 | Acquisition | 2016 | Park City (United States) | |
Sep 01, 2018 | Acquisition | 2008 | Vancouver (Canada) |
See all acquisitions by RedAwning
Reports related to RedAwning
Here is the latest report on RedAwning's sector:
News related to RedAwning
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RedAwning Embarks on a Strategic Expansion with the Acquisition of Awning.comGlobeNewswire•Apr 24, 2024•Awning, RedAwning
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RedAwning debuts as accommodation provider for Hyatt platformShortTermRentalz•Oct 31, 2023•RedAwning, Hyatt
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RedAwning Announces the Acquisition of Lexicon Travel TechnologiesGlobeNewswire•Nov 17, 2022•Lexicon Travel Technologies, RedAwning
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RedAwning Expands Exclusive Property Partnerships Throughout North AmericaGlobeNewswire•Oct 21, 2022•RedAwning
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RedAwning and Affirm partner for buy now pay later schemeShortTermRentalz•Oct 22, 2020•RedAwning, Affirm
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