Evolve

Evolve

Simplifies vacation rentals for guests and homeowners

About

Evolve simplifies the process of booking vacation rentals for both guests and homeowners by providing a platform for professionally managed, private, and verified homes. Each vacation home listed on evolve.com is ensured to be well-equipped and clean, with 24/7 guest support available to enhance the travel experience. Evolve stands out in the vacation rental market by guaranteeing the best rates for guests and offering a worry-free stay. The company generates revenue through booking fees and commissions from homeowners, while also contributing to social good by donating for every stay booked. This combination of reliable accommodations and a commitment to philanthropy sets Evolve apart from its competitors.

Company Stage

N/A

Employees

1,001-5,000

Industries

Social Impact, Real Estate, Consumer Goods

Total Funding

$218.1M

Headquarters

N/A

Founded

N/A


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Simplify's Take

What believers are saying

  • Evolve's recent $100M funding round positions it for significant expansion and operational growth.
  • The partnership with Affirm could increase booking rates by offering flexible payment options, appealing to budget-conscious travelers.
  • Evolve's insights into vacation rental trends provide homeowners with strategies to maximize revenue, potentially increasing homeowner satisfaction and retention.

What critics are saying

  • The vacation rental market's supply outpacing demand could lead to decreased revenue per property.
  • Economic uncertainties and regulatory changes, especially in key markets like Europe, could impact Evolve's growth and profitability.

What makes Evolve unique

  • Evolve's partnership with Affirm offers unique pay-over-time options, setting it apart from traditional vacation rental platforms.
  • The company's philanthropic approach, donating for every stay, adds a social responsibility angle that differentiates it from competitors.
  • Evolve's strategic partnerships, such as with bnbfinder, enhance its market presence and offer a seamless booking experience without service fees.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

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