# Leavetown.com Vacations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/leavetown-com-vacations

- Industry: Internet
- Headquarters: Vancouver, Canada
- Website: www.leavetown.com
- Latest round: Series A (Oct 1, 2017)
- Investors on record: 1

## About

Leavetown.com Vacations Inc. is a vacation rental platform that enhances travel experiences by offering diverse accommodations for individuals and families seeking getaways.Leavetown.com Vacations Inc. is a vacation rental service founded in 2012, located in Vancouver, Canada. The company provides a platform for booking various types of vacation rentals. It was acquired by RedAwning.com, Inc. in August 2018, although financial details of the transaction were not disclosed. Mike Liverton serves as both the Founder and CEO of the company. Leavetown has engaged in 3 deals to date, with its latest funding round raising CAD 5.000 mn from 7 Gate Ventures, bringing the total amount raised to CAD 5.000 mn.Leavetown specializes in providing vacation rental solutions, focusing on enhancing the travel experience for individuals and families seeking getaways in diverse locations. The core product offerings include a wide range of accommodations that cater to varying needs, from short stays to extended rentals, allowing customers to stay for several weeks or even months. The company operates an easy-to-use platform that facilitates the booking process, ensuring that users can find properties that suit their preferences, whether they are traveling for leisure or remote work. Leavetown serves a broad client base that includes families, couples, and groups traveling with pets, and it operates in several international markets, including Canada, the United States, France, Spain, and the United Kingdom. The company emphasizes customer support through its multilingual agents, ensuring that users have assistance available at any time.Leavetown generates revenue primarily through booking fees associated with its vacation rental properties. The company’s transaction structure is built around direct-to-consumer sales, where customers can book properties directly through the Leavetown website. Each booking typically includes a price guarantee, ensuring that customers receive the best available rates, with provisions for free cancellations and flexibility for last-minute changes. The pricing structure is designed to encourage longer stays, with discounts available for extended rentals, making it appealing for remote workers and families. Leavetown's revenue model relies on the volume of bookings across its array of properties, which are strategically located in popular tourist destinations.Leavetown plans to utilize its recent funding to enhance its service offerings and expand its market presence. While specific details on new product launches have not been provided, the company is focused on improving its platform and customer experience. Additionally, it aims to expand into new markets, including additional locations across Europe and North America, with specific goals to achieve this growth in the near future. The funding will support these initiatives and help solidify its presence in the competitive vacation rental industry.

## Funding rounds

- Series A, Oct 1, 2017 — 7 Gate Ventures

## Investors

- 7 Gate Ventures (https://capitalatlas.ai/funds/7-gate-ventures) — Series A