SuitePad Raises Seven-Digit Funding Round

suitepad

SuitePad, a Berlin, Germany-based provider of in-room tablets for the hotel industry, closed its latest seven-digit round of funding.

Backers included Riverside Acceleration Capital (RAC), as well as current investors Target Partners, IBB Beteiligungsgesellschaft, and Howzat Partners.

The company intends to use the funds to further its expansion into the European, Asian, and US markets.

Co-founded by Moritz von Petersdorff-Campen and Tilmann Volk, SuitePad provides digital guest communication systems for the hotel industry. Its SuitePads are tablets that are specifically designed for the hotel room. They provide a centralized service that brings digital communication between hoteliers and their guests to a whole new level. Apart from providing general information about the hotel, its services, and the surrounding area, SuitePads also serve as central booking tools for services such as hotel restaurants, shops, and spas, and each one is integrated with an in-room telephone and TV remote.

The company, which currently serves 1000 hotels across 30 countries, amounting to over 60,000 hotel rooms worldwide, also provides a bring-your-own-device (BYOD) solution. SuitePad has a team of over 60 employees.

FinSMEs

04/03/2020

Join the discussion