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Investments

ResortPass Secures $26 Million

ResortPass

ResortPass, a marketplace that teams up with users with hotels while taking a cut of each booking, has officially announced that it has raised $26 million in a Series B funding round co-led by Declaration Partners and 14W, bringing its total raised to $37 million.

The raise also included new investors such as William Morris Endeavor, Adam Grant, celebrity entrepreneurs such as Gwyneth Paltrow and Jessica Alba, and Brian Kelly, also known as The Points Guy.

New York-based ResortPass has also announced that Michael Wolf is taking over as CEO, as founder Amanda Szabo will shift to an advisory capacity moving forward.

“She [Amanda] was a 0 to 1 person,” Wolf said, according to TechCrunch. “I’m a one-to-many person. And, I was impressed with how the company had built a really strong business without a lot of capital.”

“It’s genuinely the most excited I have been about a company having worked across dozens of startups.”

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