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.
There is a simple websites that does that allready and it is realy simple. Take a look at http://www.bidforarental.com
Very simple last minute vacation rental business concept
Speaking of vacation rentals I will hight recomand the new http://www.guesthousenetwork.com they are great source and it is free
http://vacationrentals.bg/blog/archives/323-packlate-com-is-up-and-coming
PackLate.com is “up and coming” in the vacation rental business. They have identified a real niche for themselves in this tightly competitive market of vacation rentals. The good news is the customer is the real winner.