Hotelmize Raises $3.8M in Funding

Hotelmize, a London, UK-based provider of a trading platform for hotel room resellers, reportedly raised $3.8m in funding.

Australian firm Investible made the investment.

The company will use the funds to expand operations globally and improve product and data insight.

Founded in 2015, Hotelmize provides a a machine learning-powered solution that gives hotel resellers the ability to enhance yield from existing sales by improving their industry-standard purchasing processes, while delivering added value and customer service.
The platform utilizes big data technology and machine learning techniques to build price prediction and efficiency algorithms, enabling clients to maximize profits.
The company currently has a team of 15.

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