3 years ago
HotelRunner Secures $6.5M Series A Funding to Expand Global Hospitality Reach
HotelRunner, a UK-based global hospitality and travel technology provider, has raised $6.5 million in Series A funding led by 212, Wix Capital, Founders Factory, Ascension Ventures, DHM, Gerry Samuels, Melih Odemis, Daniel King, and Niels Gron
The company plans to use the funds to expand its offline presence, grow its team, and invest in its technology
HotelRunner's platform enables properties to manage and grow their hospitality business online through a B2B network that connects accommodations, travel agencies, and payment providers.
ProblemTechnology
"Hotel and accommodation businesses face challenges managing operations, sales, and distribution across various channels, resulting in fragmented processes and limited reach."
Solution
"HotelRunner provides a unified platform that simplifies operations, streamlines sales, and facilitates efficient distribution for hotels, travel agencies, and payment providers. It connects businesses through a B2B network enabling them to transact online at scale."