Summer, which helps customers buy — and rent out — vacation homes, raises $18M
https://techcrunch.com/2023/11/07/summer-which-helps-customers-buy-and-rent-out-vacation-homes-raises-18m/
Multiple studies show that younger generations aren’t buying homes as quickly as their generational predecessors. Yet a relatively new startup, Summer, thinks it can convince this cohort to snatch up a second property to rent out on marketplaces such as Airbnb.
Founded by team of former Airbnb employees, Summer claims to use “data and analytics” to help customers — which it refers to as “members” — predict short-term rental revenue and find a rental property that fits their needs and goals.