Hetras

Munchen, Germany Founded: 2007 • Age: 19 yrs Acquired By Shiji
Cloud-based hotel management software is provided for global operations.
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About Hetras

Hetras is a company based in Munchen (Germany) founded in 2007 was acquired by Shiji in August 2016.. Hetras has raised $7.15 million across 4 funding rounds from investors including Shiji, Target Partners and Scottish Equity Partners. Hetras operates in a competitive market with competitors including Mews, CloudBeds, Guesty, INTELITY and Hotelogix, among others.

  • Headquarter Munchen, Germany
  • Sectors
    Technology
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Travel & Hospitality → Hospitality, Lodging & Accommodation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.15 M (USD)

    in 4 rounds

  • Latest Funding Round
  • Investors
    Shiji

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Shiji

    (Aug 03, 2016)

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Funding Insights of Hetras

Hetras has successfully raised a total of $7.15M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2013 Amount Series D - Hetras Valuation

investors

Mar, 2012 Amount Series C - Hetras Valuation

investors

Feb, 2011 Amount Series B - Hetras Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hetras

Hetras has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Shiji, Target Partners and Scottish Equity Partners. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech investments in Germany are made by Target Partners.
Founded Year Domain Location
Venture capital firm focused on tech companies
Founded Year Domain Location
Cloud-based property management solutions for hospitality are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hetras

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hetras

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hetras Comparisons

Employees
+
Add Comparison
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Competitors of Hetras

Hetras operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mews, CloudBeds, Guesty, INTELITY and Hotelogix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based software for hotel and hostel operations is managed.
domain founded_year HQ Location
Browser-based software solutions for hotels and other accomodations
domain founded_year HQ Location
Cloud-based software is provided for vacation rental management and synchronization.
domain founded_year HQ Location
Cloud-based solutions for hotel management are provided.
domain founded_year HQ Location
Cloud-based hotel management system
domain founded_year HQ Location
Property management software is delivered through a SaaS platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hetras

Frequently Asked Questions about Hetras

When was Hetras founded?

Hetras was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Where is Hetras located?

Hetras is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

Is Hetras a funded company?

Hetras is a funded company, having raised a total of $7.15M across 4 funding rounds to date. The company's 1st funding round was a Series B of $7.15M, raised on Dec 15, 2009.

What does Hetras do?

Hetras was founded in 2007 in Munich, Germany, as a provider of SaaS solutions for the hotel sector. A unified, internet-based application is offered, integrating property management systems with distribution management. The cloud-based platform requires only a standard internet connection and browser for access. Multi-property inventory and booking management are handled centrally, alongside monitoring of rates across more than 250 channel partners.

Who are the top competitors of Hetras?

Hetras's top competitors include Guesty, CloudBeds and Canary Technologies.

Who are Hetras's investors?

Hetras has 3 investors. Key investors include Shiji, Target Partners, and Scottish Equity Partners.

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