Durable Capital Partners led a $100m funding round in Evolve.

Durable Capital Partners, a company which invests in small and mid-cap companies in both public and private markets, led a $100m funding round in Evolve, a vacation rental hospitality company, with particiption from Winslow Capital Management. "Evolve is at the forefront of the next wave of innovation in the vacation rental category. As a proven and disciplined operator with an extensive property network, large customer base, exacting standards and a compelling brand, Evolve is well positioned to grow and achieve sustainable, long-term success as a much larger company," Henry Ellenbogen, Durable Chief Investment Officer.