Stories of Technology, Innovation, & Entrepreneurship in the Southeast

Knoxville Business News Tennessee Mountain Scenery Background
March 02, 2022 | Tom Ballard

Plum helps individuals form groups to buy vacation homes

Are you one of those individuals who wants to own part of a vacation home but not the entire unit. If so, Plum might be the solution you are seeking.

The Durham-headquartered start-up that seeks to simplify the process of buying a second home for groups of people is raising a pre-seed round of $1.5 million in funding, and the round will include an investment from the Triangle Tweener Fund. As described in this recent article in WRAL TechWire, Plum helps provide structure, initial documents, and ongoing support to those who want to be part of a co-ownership group. It’s a four-step process that starts with the “Plum builder” to identify the kinds of houses you’d be interested in.


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