Tech Company Financing Transactions
Summer Funding Round
Summer closed a $18 million Series A financing round on 11/7/2023. Backers included QED Investors and Viola FinTech.
Transaction Overview
Company Name
Announced On
11/7/2023
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
QED Investors (Lead Investor)
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
Undisclosed
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Undisclosed
Website
Email Address
Overview
Summer was founded in 2021 by two Airbnb alumni, with deep experience growing and scaling venture-backed hospitality businesses. Summer has raised over $13 million in seed financing from leading venture capital firms and investors such as QED, Lightspeed, 1Sharpe Capital, Firstminute Capital, and the founding team of Casper.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Kromidas
Chief Operating Officer
Woods Buckley
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Where The Data Comes From
Our team works diligently to report on tech company VC transactions. VC investment data records reported here are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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