About Hotel Communication Network
Hotel Communication Network is a company based in Ottawa (Canada) founded in 2008.. Hotel Communication Network has raised $7.13 million across 9 funding rounds from investors including SOFII and FedDev Ontario. The company has 20 employees as of December 31, 2024. Hotel Communication Network has completed 1 acquisition, including Crave. Hotel Communication Network offers products and services including Hotel Tablets and Dining Solutions.
- Headquarter Ottawa, Canada
- Employees 20 as on 31 Dec, 2024
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Sectors
Travel & Hospitality
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Phone
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Website
*********
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Social
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- Legal Name The Hotel Communication Network, Inc
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Products & Services of Hotel Communication Network
Hotel Communication Network offers a comprehensive portfolio of products and services, including Hotel Tablets and Dining Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hotel Tablets are utilized as interactive devices for guest communication, room control, and service requests.
Dining Solutions are employed to facilitate digital ordering of room service and local restaurant deliveries.
Funding Insights of Hotel Communication Network
Hotel Communication Network has successfully raised a total of $7.13M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $673.85 thousand completed in March 2025. 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 Funding
- Total Rounds 9
- Last Round Seed — $673,849
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First Round
First Round
(01 Sep 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2025 | Amount | Seed - Hotel Communication Network | Valuation |
investors |
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| Mar, 2025 | Amount | Seed - Hotel Communication Network | Valuation |
investors |
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| Jan, 2025 | Amount | Seed - Hotel Communication Network | 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 Hotel Communication Network
Hotel Communication Network has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include SOFII and FedDev Ontario. 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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Founded Year | Domain | Location | |
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It serves as a government backed investment fund focused on the economic growth of southern ontorio.
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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
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Hotel Communication Network
Hotel Communication Network has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Crave. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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SaaS-driven digital in-room guest services are offered for hospitality.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hotel Communication Network
| 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 |
Hotel Communication Network Comparisons
Competitors of Hotel Communication Network
| 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 Hotel Communication Network
When was Hotel Communication Network founded?
Hotel Communication Network was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Hotel Communication Network located?
Hotel Communication Network is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Is Hotel Communication Network a funded company?
Hotel Communication Network is a funded company, having raised a total of $7.13M across 9 funding rounds to date. The company's 1st funding round was a Seed of $1.34M, raised on Sep 01, 2009.
How many employees does Hotel Communication Network have?
As of Dec 31, 2024, the latest employee count at Hotel Communication Network is 20.
What does Hotel Communication Network do?
Hotel Communication Network, based in Ottawa, focuses on travel and hospitality, and hotel management services. Provider of hospitality services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
What products or services does Hotel Communication Network offer?
Hotel Communication Network offers Hotel Tablets and Dining Solutions.
How many acquisitions has Hotel Communication Network made?
Hotel Communication Network has made 1 acquisition, including Crave.
Who are Hotel Communication Network's investors?
Hotel Communication Network has 2 investors. Key investors include SOFII, and FedDev Ontario.