COMPANY PROFILE

Summer

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The best way to own a second home

New York City, United StatesFounded 2021eCommerce & Marketplaces

Valuation $0–100M Latest valuation · 2023

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About Summer

Summer is a modern approach to second home ownership, designed for individuals seeking flexibility and value. Founded by Airbnb alumni Woods Buckley and Paul Kromidas, the company leverages their extensive experience in scaling recognizable businesses. Summer operates in markets such as the Hamptons, Catskills, and Miami, with plans to expand further. The business model involves purchasing, furnishing, and maintaining homes, which clients can use as their own with the option to stay in any home within the Summer network without blackout dates. Revenue is generated through initial and monthly payments from clients who benefit from the dual advantage of ownership and rental flexibility. Summer is backed by top investors including QED and Lightspeed.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2021
Headquarters: New York City, United States
Employees: 192
Open positions: None listed
Dealroom signal: 79.8/100
Industry: Travel
Sector: eCommerce & Marketplaces
Business model: Marketplace & ecommerce
Client focus: b2c
Links: Website LinkedIn X

Latest news

Press, funding announcements and product moves mentioning Summer.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
DEBT✓Debt	Nov 2023	$50M	—	Setpoint	↗
EARLY VC✓Equity / VC	Nov 2023	$18M	$72M	Viola Credit · QED Investors	↗

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023		—

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Growth signals

Summer website traffic

Latest recorded traffic for Summer is 1.5K monthly website visits, down 81.9% over the last three months. Summer's team grew 11% over the past year.

Latest monthly visits1.5K 3-month web change-81.9% 1-year team growth+11%

Monthly website visitsApr 2023–Jul 2026

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