An Austin, Texas-based property management company that differentiates itself by using smart-home technology and local customer service teams has raised $31 million in Series D funding to expand. Current investor Adams Street Partners led the funding of TurnKey Vacation Rentals with participation from existing investor Altos Ventures and two new institutional investors. Since the company launched in 2013 it has raised a total of $72 million in capital.
TurnKey currently manages more than 3,500 vacation homes.