TurnKey Vacation Rentals Honored as a 2017 'Built In Austin' Top 100 Tech Company and a Top 10 Best Tech Startup in Austin by Tech Tribune

AUSTIN, Texas, Nov. 16, 2017 /PRNewswire/ -- TurnKey Vacation Rentals, Inc. was named a Built In Austin Top 100 Tech Company for the second year in a row, jumping 23 spots to number 76 and earning the largest leap in the list ranking this year. Additionally, The Tech Tribune has named TurnKey a Top 10 Best Tech Startup in Austin, based on revenue potential, leadership team and brand/product traction.

The honor comes after a year of strong momentum for TurnKey, including:

• A total of 350 employees, including 160 Austin-based employees, up from 221 and 80 in 2016, respectively
• Expansion to 55 top U.S. markets from 32 markets in 2016
• More than 2700 vacation rental properties under management, an 80 percent year-over-year increase, with nearly 200 properties being added each month
• Secured $21 million in Series D funding, for a total of $41M in funding from Silverton Partners, Adams Street Partners, Altos Ventures and angel investors
• Appointed Jen Ford, former HomeAway finance executive, as CFO
• Named an inaugural HomeAway Premier Partner for consistently delivering outstanding traveler experiences

"TurnKey has had an outstanding year of achievement – our best since we launched our operations four years ago – thanks to our talented team and their dedication to providing exceptional technology and service to our homeowners and their guests. We're passionate about offering our guests one-of-a-kind homes with the experience of staying in a fine hotel, and giving our homeowners peace of mind and better financial returns. We're proud to be recognized alongside other exceptional companies as Austin's best in tech," said T.J. Clark, TurnKey co-founder and CEO.

The TurnKey difference

• TurnKey's SaaS-based technology automates the routine tasks of property management, enabling the company to charge an industry-low homeowner commission of 18 percent, vs. 25-50 percent for traditional managers.
• TurnKey reaches 95 percent of online travelers searching for a vacation rental home online; properties are marketed across 55+ vacation rental sites, including Expedia, HomeAway, Airbnb, Booking.com, FlipKey and more.
• Ninety percent of guests who write reviews give TurnKey 4 and 5 stars on HomeAway and VRBO.
• TurnKey earned an industry-leading Net Promoter Score of 61 from travelers in fall of 2017.

About TurnKey Vacation Rentals
TurnKey Vacation Rentals markets and manages premier vacation rental homes in top U.S. destinations. Since its founding in 2012, TurnKey has quickly grown to 55 markets with 2,700 properties that are distributed across 55+ vacation rental sites, including Expedia, HomeAway, Airbnb, Booking.com, FlipKey and more. TurnKey is based in Austin, TX and venture-backed by Silverton Partners, Adams Street Partners, Altos Ventures and angel investors.

SOURCE TurnKey Vacation Rentals

Related Links

http://www.turnkeyvr.com