AvantStay

AvantStay

Luxury short-term rental management platform

About AvantStay

Simplify's Rating
Why AvantStay is rated
B+
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Real Estate

Company Size

201-500

Company Stage

Series B

Total Funding

$185.8M

Headquarters

Austin, Texas

Founded

2017

Overview

AvantStay offers a hospitality platform focused on short-term rentals, providing tailored experiences for guests. The company uses its own technology to manage bookings and operations, both on-site and remotely. With a portfolio of 2,000 luxury properties across over 150 cities, AvantStay partners with major platforms like Homes & Villas by Marriott International and allows direct bookings through more than 60 online travel agencies (OTAs). Unlike many competitors, AvantStay emphasizes curated guest experiences and has a strong focus on property management, generating revenue through management fees and booking commissions. The goal of AvantStay is to redefine the short-term rental experience by combining luxury accommodations with personalized service.

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Simplify's Take

What believers are saying

  • Increased demand for personalized travel experiences boosts AvantStay's growth potential.
  • The rise of 'workcations' presents an opportunity for AvantStay to market its properties.
  • Partnership with Allianz Partners enhances AvantStay's appeal with flexible travel options.

What critics are saying

  • Increased competition in the luxury short-term rental market may impact AvantStay's market share.
  • Recent layoffs may indicate financial instability or operational challenges at AvantStay.
  • Expansion into new markets may strain resources and lead to integration challenges.

What makes AvantStay unique

  • AvantStay offers highly-curated experiences tailored to guests' needs using proprietary technology.
  • The company operates in over 150 cities with a diversified portfolio of 2,000 properties.
  • AvantStay partners with major platforms like Homes & Villas by Marriott International.

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Funding

Total Funding

$185.8M

Above

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$100M
ClickUp
$160M
AvantStay

Benefits

Insurance, Health & Wellness Package

Performance Bonus & Stock Options

Work From Home

Paternity Leave

Flexible Hours

Paid Time Off, Bereavement Leave, and Paid Holidays

Employee Discount, Company Social Events, Free Lunch or Snacks, and Gym Membership

Diversity Program

Job Training

Professional Development

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

9%
Skift
Feb 28th, 2024
Capital One Travel Launches Vacation Rentals Through Boutiq and AvantStay

Capital One Travel has introduced upscale vacation rentals in a launch Tuesday through partnerships with Boutiq and AvantStay.

PhocusWire
Feb 28th, 2024
Capital One Travel Expands Inventory With Vacation Rentals From Avantstay, Boutiq

Capital One is boosting the inventory of lodging options in its Capital One Travel portal with the addition of vacation rental properties from AvantStay, Boutiq and other property management companies.The company said the properties are currently available. across more than 30 markets in the United States and soon additional inventory. will be added in the U.S. and in international destinations as it adds

C2G Advisors
Jan 3rd, 2024
2023 Year In Review: Key Vacation Rental M&A Transactions of 2023

AvantStay expanded its presence into Port Aransas, TX with the acquisition of Sway Vacation Rentals.

Business Wire
Nov 30th, 2023
AvantStay Secures $5M in Funding to Deliver Short-term Group Rental Experiences

AvantStay, a hospitality brand aimed at revolutionizing group travel, announced an additional $5 million round of funding led by Bullpen Capital. Othe

Short Term Rentalz
Jun 22nd, 2023
AvantStay undergoes third layoffs round in 12 months

US: Los Angeles-based premier next-generation hospitality platform AvantStay has cut a further 37 jobs, equating to 10 per cent of its overall workforce, representing the company’s third round of redundancies in the last 12 months.

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