Katanox, an Amsterdam, Netherlands-based provider of a travel accommodation distribution and fintech platform, raised $5M in funding.
The round was led by Juan Pablo Ortega, Jan Joost Kalff, and Bas Blommaart.
Led by Mendel Senf, Georgios Georgiadis, Imre Vogelezang and Paul Beukers, Katanox is a travel accommodation distribution and fintech platform bringing together travel sellers and travel accommodation providers. The company facilitates distribution of travel accommodation inventory and payments. The platform aims to unlock the programmatic era for B2B distribution in hospitality.
The company intends to use the funds to hire plans in engineering, business development and sales, accelerate international expansion and finance further development of the platform and integrations with Central Reservation Systems (CRS), Property Management Systems (PMS) and Payment Service Providers (PSP).
Its team is spread over the globe from Amsterdam to London, Paris, Istanbul, Los Angeles and Mexico City.