Kurt Avarell
- Co-Founder and CEO at Ember Home
GetLatka interview
How Ember Home Reached $17.4M in Funding and 100 Families in 10 Months (Interview with CEO Kurt Avarell)
Kurt Avarell (Co-Founder and CEO of Ember Home) spoke to Nathan Latka on June 1, 2022.
Ember Home figures from the interview
- Total Funding Raised
- $17.4M
- Families on Platform (June 2022)
- 100
- Platform Fee per Share (2022)
- $100 per month
- Team Size (2022)
- 30
- Inventory Available on Site (June 2022)
- $15M
“So we kind of fit right in between, you know, an Airbnb and a whole home vacation home, right? So if you think about your options, you have a handful, right? When you go on vacation. Our thesis is, we're looking for people who are going to the same vacation destination on a regular basis, right?”
“We've had over a 100 families buy in to Ember to date over the past ten months.”
“The company operates, we're pretty tight lipped about like absolute numbers, but I can tell you we operate pretty close to a breakeven. Like we've not burned hardly any cash. Most of the cash that we put on the balance sheet is to buy inventory.”
Bio
Kurt Avarell is a co-founder and CEO of Ember where he is responsible for leading the development and execution of long-term strategies and identifying key opportunities for growth within the industry. He is obsessed with helping people own the vacation home of their dreams, where they can create lasting memories with family and friends. Kurt is a serial entrepreneur and has taken more than one company from inception to scale, having raised over $70M in venture capital financing at previous startups.