Lowenstein Sandler represented growth equity firm Catalyst Investors as lead investor in a $15 million Series B fund raise in Breezeway, the leading property care and guest experience platform for the vacation rental and hospitality industries. The funding includes additional contributions from previous investor Schooner Capital LLC.
Breezeway’s platform is focused on enabling hosts and managers to deliver high-quality guest experiences. The company will use this new funding to continue to invest in both its operations management tools and its guest experience platform.
Founded in 2017 by CEO Jeremy Gall, who previously founded FlipKey, Breezeway helps thousands of vacation rental hosts and hospitality managers in over 65 countries automate operations, drive quality, and elevate the experience at every property. Breezeway’s software and mobile apps have facilitated more than 18 million property service tasks, helping operators deliver more than 55 million nights booked at homes prepared to their specific standards.
Catalyst Investors is a growth equity firm based in New York. The firm’s mission is to earn superior returns by helping entrepreneurs build great growth companies. Over the past 20-plus years, Catalyst has invested in rapidly growing companies across the SaaS, tech enabled services and internet infrastructure sectors, and has established a successful track record of partnering with entrepreneurs and helping companies scale.
The deal team included Michael A. Brosse, David J. Yovanoff, Michael Walutes, Judith G. Rubin, and Bryan Sterba.
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
