
Ember
Real estate proptech company that is reimagining the vacation home experience through technology, service, and co-ownership.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | $17.4m | Early VC | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Emberhome.com is revolutionizing the way people own vacation homes by offering a unique co-ownership model. This startup allows clients to purchase luxury vacation homes in fractional shares, ranging from 1/8 to 1/2 of the property. This innovative approach makes owning a high-end vacation home more accessible and cost-effective, as clients only pay for the portion they use.
Ember primarily serves affluent individuals and families who desire the benefits of owning a vacation home without the full financial burden and maintenance responsibilities. The company operates in the luxury real estate market, with a focus on desirable vacation destinations such as Southern California.
The business model is straightforward: Ember acquires luxury properties, divides them into shares, and sells these shares to multiple owners. Each co-owner enjoys exclusive use of the property for a portion of the year, based on their ownership percentage. Ember handles all aspects of property management, including maintenance, cleaning, and scheduling, ensuring a hassle-free experience for the owners.
Ember makes money through the sale of these fractional shares and by charging a management fee for the services provided. This model not only generates revenue from the initial sale but also ensures a steady income stream from ongoing management fees.
In summary, Emberhome.com offers a modern solution to vacation home ownership through a co-ownership model, making luxury real estate more attainable and convenient. The company caters to high-net-worth individuals seeking a seamless and cost-effective way to enjoy vacation properties.
Keywords: co-ownership, luxury vacation homes, fractional ownership, real estate, property management, affluent clients, hassle-free, Southern California, sharing economy, turnkey ownership.