Kocomo – Fractional interests in cross-border vacation homes

Mexico City-based startup Kocomo is a luxury vacation travel company that is putting fractional ownership of international vacation homes within reach.  The company is initially targeting North American travelers that want vacation homes in Mexico, the Caribbean and Costa Rica, with an eventual expansion to homes in Europe, according to Martin Schrimpff, co-founder and CEO.

“Buying an entire vacation home that I was only going to use a few weeks a year, and which I’d have to manage myself, seemed wasteful, stressful and outdated,” he said. “Furthermore, it was impossible to find a beautiful house on the beach in Mexico that fell within my budget.”

And timeshares have their obvious disadvantages while Airbnb rentals may be inconsistent in terms of quality and professional management.

The company announced on Monday that it had closed on $50 million in debt and $6 million in equity financing as it emerges from stealth mode.

Getting Paid

#paid is a marketing platform for creators that is based in New York and Toronto, and was founded by Bryan Gold.  And yes, it has a hash tag in its name and a website URL of hashtagpaid.com.  

It recently raised $15M in Series B funding led by Sands Capital with participation from Ascential, Vanedge, BDC Capital, and a number of angel investors. 

#paid has built a creator marketing platform that lets direct-to-consumer and Fortune 500 brands including Phillips Hue, Everlywell, Unilever, and Sephora, connect with creators and reach new audiences with creator-generated content.  #paid is launching its Creator Licensing Tool to let brands license creator content and gain advertising access to creators’ social media profiles for whitelisted ads.

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