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Adestinn, LLC

Adestinn’s Vacation Wellness Program is like 401k for vacations. Employees get a 50% match on their Adestinn FDIC vacation savings account.

  • Stage Full Product Ready
  • Industry Travel
  • Location St Paul, MN, USA
  • Currency USD
  • Founded November 2009
  • Employees 10
  • Website

Company Summary

Adestinn provides a Vacation Wellness Program for health insurers and large employers who offer it to policyholders/employees. It works like a 401k for vacations. Employees get a 50% match on their contributions into their FDIC insured Adestinn vacation account. Employees can use their vacation savings at over 100 destinations with over 200 hotels in the program and growing. Currently there are over 3 million eligible employees in the program.


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    David-Elias Rachie

    Mr. Rachie invented the Adestinn innovation for employers and hotels. This approach utilize a new sales channel for hotels, employee benefits; and it gives employees a great benefit for vacations: a 50% boost in their spending power for vacation services.
    - Extensive knowledge of, and contacts in the Travel Industry
    - Created over twenty businesses, both inside and outside of corporate environments
    - 25 Year Veteran Entrepreneur

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    Stephen Manthey

    Using his hospitality experience
    he has been responsible for setting up our financial management systems.
    - Successfully financed over $3 Billion worth of Hospitality Real Estate during his 24-year career;
    - Managed acquisition of three hotel companies; drove integration of treasury and finance.
    - Negotiated bank and leasing contracts, mortgages, lines of credits and long-term financing for 30 upper scale hotels and managed their performanc

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    Donald Kaiser
    Executive Vice President

    Worked with the founder for the past 15 years. Mr. Kaiser has been instrumental in Adestinn’s initial success and has led the effort in coordinating customer service and marketing operations as well as managing the day-to-day operations.
    - Extensive experience in early stage operations and transition to growth stage;
    - 12 years experience with payroll, benefits, operations and HR;
    - 20 years experience in training and customer satisfaction.

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    Arthur Schwieger
    Senior VP - Information Services

    Responsible for Adestinn’s software development, successfully bringing software to operational status including: Portal, Membership Management, Vacation Booking Engine, Call Center Integration, Social Media Integration, and Financial Management.
    - McKesson – overseeing all internal web and desktop application development and maintenance.
    - – bridging the gap between software development and web delivery.

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    Colin McDonald
    Senior VP - Hotel Partners

    Bringing almost 30 years of hospitality development experience, his knowledge of the hospitality industry as well as the “workings” of hotels enables him to comfortably manage our existing hotel partnerships, and explain the Adestinn program to recruit new hotels into the Adestinn Program.
    - Established the blue print for growth of Sofitel Luxury Hotels in North America;
    - Development team at Four Seasons during its major growth years.

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    Dennis Howard
    Senior VP - Technology

    Built Adestinn’s technological infrastructure systems, including the network, servers, phone systems, as well as the external cloud storage and virtual servers.
    - 20+ Years engineering experience


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    Paul Rachie, Leonard, Street & Deinard, P.A.
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    Jay D. Goldberg, Gaasedelen and Goldberg, PA

Previous Investors

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    Available on request