About RedAwning
RedAwning is a company based in Berkeley (United States) founded in 2010 by Lance Nelson and Tim Choate. RedAwning has raised $40 million across 2 funding rounds from investors including Espresso Capital, Elephant Elephant and Silversmith. RedAwning has completed 6 acquisitions, including Awning, Blizzard Internet Marketing and Leavetown. RedAwning operates in a competitive market with competitors including Airbnb, AvantStay, Vrbo, Vacatia and Airbnb, among others.
- Headquarter Berkeley, United States
- Founders Lance Nelson, Tim Choate
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Sectors
Travel & Hospitality
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Redawning.Com, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$40 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Debt – Venture
Jun 01, 2022
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Investors
Espresso Capital
& 2 more
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Employee Count
Not available
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Investments & Acquisitions
Awning
& 5 more
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Funding Insights of RedAwning
RedAwning has successfully raised a total of $40M across 2 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $15 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in RedAwning
RedAwning has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Espresso Capital, Elephant Elephant and Silversmith.
| Investor | Description | Founded Year | Domain | Location |
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Venture debt firm
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Venture capital firm dealing with enterprise software, consumer internet, and mobile markets.
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Locked | Locked | Locked | |
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Venture capital firm investing in technology and healthcare sectors
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Locked | Locked | Locked |
Investor details for RedAwning
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Investments & Acquisitions by RedAwning
RedAwning has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Awning, Blizzard Internet Marketing and Leavetown.
Investment portfolio details for RedAwning
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- Portfolio identities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Channel management solutions are provided for vacation rental properties.
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Locked | Locked | 2016 | Locked | |
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Vacation rentals are discovered and booked via an app-based platform.
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Locked | Locked | 2014 | Locked | |
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Professionally managed vacation rentals are facilitated via an online marketplace.
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Locked | Locked | 2011 | Locked |
Complete acquisition details for RedAwning
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Verified entity values are shown only after access is granted.
Financial Statements - RedAwning
Detailed financials for RedAwning
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Redawning Comparisons
Peer comparison for RedAwning
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Competitors of RedAwning
RedAwning operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airbnb, AvantStay, Vrbo, Vacatia and Airbnb, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Vacation rentals are booked via an online peer-to-peer platform.
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| Locked | Locked | Locked |
Vacation rentals for groups are booked via an online platform.
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| Locked | Locked | Locked |
Online marketplace for vacation rentals
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| Locked | Locked | Locked |
Vacation rentals are listed and booked through an online marketplace.
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| Locked | Locked | Locked |
Vacation rentals are booked via an online peer-to-peer platform.
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Detailed competitors of RedAwning
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Redawning
Complete news archive for RedAwning
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Frequently Asked Questions about RedAwning
RedAwning was founded in 2010 and raised its 1st funding round 7 years after it was founded.
RedAwning is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Tim Choate is the current CEO of RedAwning. They have also founded this company.
RedAwning is a funded company, having raised a total of $40M across 2 funding rounds to date.
RedAwning was founded in 2010 in Berkeley, United States, as an online marketplace in the travel sector. Properties are listed by owners, while travelers book stays by selecting options such as preferred dates, group size, and personal details. Payments are processed online through a mobile app available on iOS and Android devices. Operations focus on facilitating direct bookings between owners and guests.
RedAwning has made 6 acquisitions, including Awning, Blizzard Internet Marketing, and Leavetown.
RedAwning has 3 investors. Key investors include Espresso Capital, Elephant Elephant, and Silversmith.