Hotel Engine, a Denver, CO-based travel tech company, raised $16m in Series A funding.
The round, led by Telescope Partners, valued the company at over $150m.
The company intends to use the funds to:
– expand its presence within the small-to-medium business market,
– continue building out its team, and
– speed up the development of new product features and functionality for business travelers.
Founded in 2015 by Elia Wallen, CEO, Hotel Engine provides a hotel booking and management platform for business travel that supports companies of all sizes across the private and public sector and gives them access to over 200,000 available hotel properties in more than 185 countries.