- Koala, a timeshare marketplace that is attempting to bring Airbnb-style digital marketplace to the old-school timeshare industry, launched in August of this year.
- Earlier this year, the company raised a $3.4 million Series A round from real estate investors Ira Lubert and Dean Adler.
- The company provided Business Insider with a copy of the pitch deck it used to raise that Series A round.
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Short-term rental startup Koala launched an online marketplace for timeshares in August, hoping to bring Airbnb-style digital transformation to a decidedly old-school form of travel.
The company raised a $3.4 million Series A round in March, which funded the launch. KOALA got the funding just as the coronavirus pandemic shut down much of the world’s economy, and was led by real estate investors Ira Lubert and Dean Adler, the founders of private equity real estate fund Lubert-Adler.