HotelRunner Raises $6.5M in Series A Funding

HotelRunner

HotelRunner, a London, UK-based global hospitality and travel technology provider, raised $6.5M in Series A funding.

Backers included 212, Wix Capital, Founders Factory, Ascension Ventures, DHM, Gerry Samuels, Melih Odemis, Daniel King, and Niels Gron.

The company intends to use the funds to build a solid presence in offline markets, grow the team, and invest in its technology.

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Founded by Arden Agopyan and Ali Beklen, HotelRunner is a SaaS-enabled unified sales, operations, and distribution management platform and B2B market-network for accommodations, travel agencies, and payment providers. Expanding over the globe in 193 countries and with thousands of clients, HotelRunner enables properties, whether resort hotels or independent properties and vacation rentals, to run full-scale digital operations, while its B2B network allows its partners to find, connect, and transact with each other online at scale, processing more than 35 million transactions daily between properties, travel agencies, travelers, and payment gateways.
Last June, the company announced a strategic partnership with and combined Wix’s comprehensive online platform with its end-to-end travel technology offering a complete solution for all types of accommodations to manage and grow their hospitality business online.

FinSMEs

17/01/2023