Splitty, an Israel-based hotel booking platform, raised $6.75m in Series A funding.
The round was led by Fosun RZ Capital, Fosun International‘s VC investment arm, with participation from 2bAngels, Techstars Ventures, Cockpit Innovation and 11-11 Ventures.
The company intends to use the funds to expand its team and accelerate its global market growth in the coming years.
Founded in 2015 and led by Eran Shust, CEO, Splitty offers unique hotel prices, by taking advantage of splitting and combining multiple bookings under one reservation. The platform analyzes and splits over 1.5 million transactions to create the exclusive deals quickly. The company provides services for more than 500,000 properties in 127 countries.
Currently, Splitty provides room booking options mainly in Europe and America and is planning to expand its business in the Asian market right after the completion of this round of financing.
FinSMEs
15/04/2019