About CorePoint Lodging
CorePoint Lodging was founded in 2017 and is headquartered in Irving, United States. Operations are focused on the hospitality sector, where lodging accommodations and related services are managed for business and leisure travelers. A network of hotels is maintained in various U.S. markets to support guest stays. Leadership is provided by Keith Cline as CEO and President, overseeing daily functions and strategic direction.
- Headquarter Irving, United States
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
$411 M-49as on Dec 31, 2020
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Net Profit
$-178 M16as on Dec 31, 2020
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EBITDA
$10 M11as on Dec 31, 2020
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Latest Funding Round
$1 B (USD), Debt – Conventional
Jul 24, 2018
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Investors
Highgate
& 1 more
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Employee Count
Employee Count
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Acquired by
Cerberus Capital Management
(Nov 08, 2021)
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Funding Insights of CorePoint Lodging
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $1.0B
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First Round
First Round
(24 Jul 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Debt – Conventional - CorePoint Lodging | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CorePoint Lodging
CorePoint Lodging has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Highgate and Cerberus Capital Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and debt firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Hospitality investment and management services are provided for properties.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CorePoint Lodging
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - CorePoint Lodging
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Corepoint Lodging Comparisons
Competitors of CorePoint Lodging
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CorePoint Lodging
When was CorePoint Lodging founded?
CorePoint Lodging was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is CorePoint Lodging located?
CorePoint Lodging is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Who is the current CEO of CorePoint Lodging?
Keith Cline is the current CEO of CorePoint Lodging.
What is the annual revenue of CorePoint Lodging?
Annual revenue of CorePoint Lodging is $411M as on Dec 31, 2020.
What does CorePoint Lodging do?
CorePoint Lodging was founded in 2017 and is headquartered in Irving, United States. Operations are focused on the hospitality sector, where lodging accommodations and related services are managed for business and leisure travelers. A network of hotels is maintained in various U.S. markets to support guest stays. Leadership is provided by Keith Cline as CEO and President, overseeing daily functions and strategic direction.
Who are CorePoint Lodging's investors?
CorePoint Lodging has 2 investors. Key investors include Highgate, and Cerberus Capital Management.
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