Evolve is a next-generation vacation rental management company that operates a marketing and booking platform which provides vacation rental management services for guests and homeowners.
Evolve enables homeowners to market and book their vacation home on rental basis online.
Evolve Vacation Rental was founded in 2010 by Brian Egan and Adam Sherry. The company is based in Denver, Colorado.
Evolve's modern approach to hospitality and property management helps guests rest easy with vetted homes, bookings that give back, and all the support they need for a great stay.
Evolve also makes vacation rental stress-free for owners, partnering with them to book more and keep more of what they earn thanks to their Risk-Free Guarantee and powerful SmartRates pricing algorithm that made more than 500 million dynamic rate changes in 2021.
Evolve currently manages over 19,000 homes across 750+ markets. The company has generated more than $2 billion in rental income for its owners.
Evolve is backed by Durable Capital Partners LP, T. Rowe Price, Foxhaven, ArrowMark Partners, Annox Capital, and others. The company raised $100M in Series F round on Feb 14, 2022. This brings Evolve's total funding to $224.2M to date.