XDATA – September 24th 2014
Inspirato raised $20.25 million from four financial backers almost two weeks ago according to information disclosed by the company. The non-brokered equity offering was fully subscribed. The company closed three previous unregistered private placements which raised an estimated $70.55 million.
The company is a luxury vacation club for discerning travelers seeking a superior alternative to hotels, resorts and online villa rentals. The company offers hundreds of luxury vacation choices in dozens of sought-after destinations. Financial backers include W Capital Partners, Institutional Venture Partners and Millennium Technology Value Partners.
The company, headquartered in Denver CO, is led by Brent Handler (CEO). Inspirato elected to keep its revenues undisclosed.
The executive team includes Bradley Handler, Brian Corbett, David S Kallery, Martin Pucher and Vilia Valentine.
The board of directors includes Ron Klain, Scot Sellers, Theodore Schlein and Todd Chaffee.
The company has raised an estimated total of $90.8 million via private unregistered security offerings.
Industry: Tourism and Travel Services
Amount offered: $20.25 million
Amount placed: $20.25 million
First sale: 09-11-2014
Data as of: 09-23-2014