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Timeshare Resale Leader, Sell My Timeshare NOW, Receives Expansion Funding

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On Tuesday, at Sell My Timeshare NOW, we announced that we have received an injection of $8.5 million in funding as part of our company’s aggressive growth plan. Edison Venture Fund has become the sole institutional investor in Sell My Timeshare NOW.

Already the leader in the online advertising and marketing of timeshare resales and timeshare rentals, at Sell My Timeshare NOW, we could see ways to even better serve the timeshare resale needs of consumers and of the timeshare development industry. But neither this growth plan nor the funding was an overnight decision.

Sell My Timeshare NOW carefully looked at different options to expand and improve our timeshare resale and timeshare rental advertising services. And as carefully as we considered ways to grow, Edison Venture Fund was just as deliberate in their decision to invest in our growth. After extensive due diligence, Edison Venture Fund added Sell My Timeshare NOW to the high-growth, entrepreneurial technology companies in which they invest.

Edison Venture Fund evaluated our company’s business model very carefully. As Edison’s Orlando Mendoza explained, “… the company’s search engine leadership drives massive exposure to sellers. Buyers now have the ability to purchase timeshare intervals online at attractive discounts to retail prices.” Michael Kopelman described our services at Sell My Timeshare NOW as, an impressive eCommerce platform built with limited outside capital.

Yep, that’s us. We bootstrapped our way from a three-person, home-based business in 2003 to become the leading online resource for the advertising and marketing of timeshare resales and timeshare rentals. Now we look to take our services even further, expanding our offerings to developers, becoming a much-needed bridge between timeshare developers and the timeshare resale market.

Tomorrow’s The Timeshare Authority blog will share a little more with you about Edison and about Sell My Timeshare NOW’s vision for the future.