Summary:
- NYC-based StayTerra, a provider of vacation rental brands, secures growth investment from Bessemer Venture Partners and Garnett Station Partners.
- The exact amount of the investment remains undisclosed.
- StayTerra plans to use the funds to expand operations and enhance development efforts in various vacation markets.
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In a recent development, StayTerra, a prominent player in the vacation rental industry, has successfully secured a growth investment from Bessemer Venture Partners, along with existing investor Garnett Station Partners. This strategic move is aimed at fueling the company’s expansion plans and boosting its development initiatives in top vacation destinations across America.
StayTerra, spearheaded by CEO Mary Lynn Clark, operates a platform that encompasses leading vacation rental management brands. With a focus on blending exceptional service with efficient property management, the company aims to deliver unparalleled experiences for both property owners and guests. Notable brands under the StayTerra umbrella include Moving Mountains, specializing in luxury property management and vacation rentals in the Colorado Rockies, and Prime Vacations, managing over 1,000 properties across various independent brands in Florida’s gulf coastline and surrounding islands.
The exact financial details of the investment deal have not been disclosed to the public. However, StayTerra is committed to utilizing the funds to drive its operational expansion and further enhance its offerings in multiple sought-after vacation markets. This strategic partnership with Bessemer Venture Partners marks a significant milestone for StayTerra, positioning the company for sustained growth and success in the competitive vacation rental landscape.
Stay tuned for more updates on StayTerra’s journey as it continues to redefine the vacation rental experience for both property owners and guests alike.
Source: FinSMEs (Published on 18/07/2025)
