June 6, 2018 | By Sean O’Neill
Better, faster, stronger. Skift pinpointed 20 venture-backed companies — mostly young — that promise breakaway potential. These startups prove that innovation is happening everywhere, from Atlanta to Ramallah to Queensland.
No scooter startups or flying taxis. No blockchain-based dreams. And nothing from Silicon Valley — which hogs the spotlight enough as it is.
When Skift put together its list of the year’s top 20 travel startups, we wanted to ignore the ones hyped elsewhere.
We also only included startups that have raised less than $25 million in venture funding. The reason? We’ve reviewed hundreds of emerging travel companies over nearly six years, and we’ve found that fundraising is a separate skill from building solid companies. Here’s our all-star list, presented in alphabetical order.
Futurestay Ranks 6th
Sean O’Neil writes, “Futurestay is a genuinely end-to-end management platform for vacation rental owners.
Money Raised: $2.8 million
Headline Investors: Newark Venture Partners
Skift Take: Managers of vacation rental properties want to market their properties on Airbnb, Booking.com, and other platforms, and many companies have popped up to sell software to help. But almost none of these online tools are comprehensive in automating the tasks required after a traveler has clicked a “book now” button, such as handling any refund issues that might crop up. Futurestay strives to handle it all, leaving owners with less manual work. CEO Philip Kennard said it serves more than 100,000 properties, despite having spent nothing on search engine marketing or ads of any kind.”
Futurestay is thrilled to be recognized in this article for the Top 20 Start-ups to watch out for. We’re proud of our team, for their work to create the Self-Renting Home™, as we help vacation rental entrepreneurs globally.
If you’d like to read the full Skift article, you can find it here.