Last-Minute Travel Startup PackLate Raising $1 Million In Funding

2 Comments

PackLate.com, a travel-focused startup currently in stealth mode, has raised $685,000 worth of a $1 million first round of funding, per an SEC filing. The company declined to comment on the funding.

Founded in 2009, Philly-based PackLate.com aims to be a “last-minute travel marketplace focusing on vacation rentals,” according to one of its help wanted ads for a Java developer. Property owners will be able to submit their available rooms and suites into a system that then lets hopeful travelers grab the deals at the last minute. Competition includes indie sites like lastminute.com, and the “last-minute” sections of bigger sites like Expedia and Travelocity — though PackLate.com’s focus on vacation rentals could help it gain traction once it launches.

2 Comments

Comments are closed.