Beonprice, a Villamayor, Salamanca-based provider of Revenue Management solutions for the hospitality industry, raised €1.4m in funding.
The round was led by K Fund.
The company intends to use the funds to accelerate expansion in Europe and USA.
Founded in 2012 by Rubén Sánchez and Emilio Galán, Beonprice provides a revenue management platform which aims to maximize profitability based on quality indicators and market segmentation. It allows hotels to increase revenue according to the optimal price recommended by the system, react to real-time market changes, improve competitiveness to the changes in the market in a dynamic way (competitors, occupancy, demand, quality and online reputation).