iNovia Capital leads $11 mln Series B funding of Luxury Retreats
Montréal-based luxury vacation rentals company Luxury Retreats has secured $11 million in Series B financing. The round was led by Canadian venture capital firm iNovia Capital, which led the company's prior funding in September 2012. Other investors in the latest deal included Claridge Inc, led by Pierre Boivin and Stephen Bronfman, Peter Kern of InterMedia Partners, and Andrew Lufty, CEO of Groupe Dynamite. Founded by President and CEO Joe Poulin in 1999, Luxury Retreats offers travellers a closed network of over 2,800 private homes in 90 destinations around the world and is focused on refining its existing operations and developing opportunities in new markets.
8 June 2015•4 mins read
