HostGPO, a group purchasing organization (GPO) for vacation rentals, has raised USD 6 million in a funding round led by Navitas Capital, with participation from OMNIA partners, 75&Sunny, Brian Lee, and PAR Capital Ventures.

The company plans to use the funds to expedite its market position by leveraging expertise in technology development, real estate marketplaces, procurement knowledge, and supply relationships.

HostGPO is an exclusive marketplace and GPO catering to the vacation rental, short-term rental, and hospitality sectors. The company’s digital platform enables operators to obtain discounted goods and services while providing tools to simplify procurement and design procedures. HostGPO collaborates with a select group of furniture, appliances, and home goods suppliers to consolidate demand and connect them with customers in their specific target segments.

Analyst QuickTake: HostGPO provides vacation rental members with furniture options discounted at 30%–75%, guaranteeing that users will save enough to offset membership fees in the first year and will refund the difference if this isn't achieved. Additionally, members gain access to wholesale purchasing that is usually limited to large, multi-million dollar companies, along with benefits like faster shipping speeds and dedicated customer service representatives.