65% of second homes in the U.S. are currently unavailable to rent. Yet most sit empty 10-11 months/yr. And increasingly, other travel sites' reviews of places to stay are generic, inflated, or - even worse - fake. Trustr is a travel-focused social network and discovery tool that enables its members to share family homes with people they know and trust, and to capitalize on recommendations for great places to stay written by people whose taste they know and trust. There is a $4B TAM in the U.S. alone for a solution that gives home owners the control and peace of mind they would need to share or rent their vacation homes, and that allows people to view and act on trusted reviews from people whose taste they know and trust.
The company has spent $800K to build its technology platform, and has raised $330K of its target $1M pre-seed financing round. The proceeds of the raise will be used to: underwrite the launch of our Beta in early June; refine product/market fit; confirm our target guest/host segmentation and messaging; and to implement partnerships with leading OTAs, property management companies and technology vendors.
Bill and Brent are seasoned entrepreneurs who have started, built and led tech start-ups in a variety of vertical markets, and have experienced both the thrills of successful exits and the disappointment of frustrating failures. They are extremely excited about the potential of Trustr and are passionate to bring it to fruition.
For more info on all the above, please see the link to out fundraising deck below for more details.
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