HotelRunner Secures $6.5 Million Series A Funding
HotelRunner, a dynamic global hospitality and travel technology provider based in London, UK, has successfully secured an impressive $6.5 million in Series A funding. This round of financing has attracted a group of notable backers, including 212, Wix Capital, Founders Factory, Ascension Ventures, DHM, Gerry Samuels, Melih Odemis, Daniel King, and Niels Gron. With this infusion of capital, HotelRunner is poised to enhance its presence in offline markets, expand its talented team, and further develop its cutting-edge technology, positioning itself for significant growth in the competitive hospitality sector.
Founded by the innovative duo of Arden Agopyan and Ali Beklen, HotelRunner operates as a SaaS-enabled unified sales, operations, and distribution management platform.
This comprehensive B2B market-network serves accommodations, travel agencies, and payment providers, allowing seamless interactions within the industry. The company's expansive reach spans over 193 countries, catering to thousands of clients ranging from luxurious resort hotels to independent properties and vacation rentals. By offering a robust platform, HotelRunner empowers its users to conduct full-scale digital operations, while its expansive B2B network facilitates easy connections and transactions among partners, processing a staggering 35 million transactions daily between properties, travel agencies, travelers, and payment gateways.
In a notable advancement last June, HotelRunner announced a strategic partnership that integrated Wix’s extensive online platform with its comprehensive travel technology solutions. This collaboration aims to deliver an all-encompassing solution for various types of accommodations, enabling them to manage and grow their hospitality businesses effectively in the online space. By leveraging this partnership, HotelRunner continues to solidify its position as a leader in the industry, ensuring that hospitality providers have the tools they need to thrive in an increasingly digital marketplace.
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| Investors | Investment Focus | Startup Investments | Round Size | Connect |
|---|---|---|---|---|
 212( ) | ||||
 Wix Capital( ) | ||||
 Ascension Ventures( ) | ||||
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