Olery Closes €750K Funding

Olery, a Amsterdam, The Netherlands-based provider of reputation management software for the leisure and hospitality industry, has completed a $1m (approximately €750k) funding round.

The investor remained undisclosed.

The company intends to use the capital to expand international sales, improve existing products, scale development efforts, and bring new products to market (a new product will be announced in early March at ITB, the travel trade show held in Berlin).

Founded in 2010 and led by CEO and co-founder Kim van den Wijngaard, Olery offers simple online reputation management tools for hotels that help turn online reviews and social media feedback into actionable business intelligence. Customers include hotels such as Boscolo Hotels, InterContinental Hotels Group, Okura, Best Western and Hampshire Hospitality.

Products include:
– Reputation management that collects guest reviews and ratings on over 100 review and booking websites and monitors and benchmarks performance against competitive hotels with a Guest Experience Index;
– Brand management that allows hotel groups and chains to manage their brand’s reputation and quality;
– Olery Review Sites Database, a free online information database that provides real-time insight for hotel managers on how to leverage their presence and reputation on over 100 international review and social community websites in one place including TripAdvisor, Booking.com, Hotels.com, Expedia, Priceline, etc.



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