Tech-enabled vacation rental platform Overmoon has emerged from stealth with $80 million in debt and equity funding.The company was founded in 2021 by Joe Fraiman, who was associated with the Airbnb-backed, shuttered startup Lyric. The company is launching Overmoon Exchange, a fintech-enabled program in partnership with Flock Homes (a startup backed by Andreessen Horowitz), offering vacation home owners tax, time, and investment benefits by contributing their homes to Overmoons 721 Fund, Short Term Rentalz reported.The benefits of the fund include deferring capital gains tax, relieving property management costs, maintaining passive income, and enjoying real estate appreciation in the funds portfolio.The $80 million funding will be broken down as such: $10 million for technology development, $30 million in real estate equity for home down payments, and $40 million in debt financing.The companys backers include notable investment firms such as NFX, Khosla Ventures, Camber Creek, and Sunsar Capital. Overmoon, founded in 2021 by CEO Joe Fraiman, aims to combine hotel comforts with the shared spaces of vacation homes.