About Hotel Engine
Hotel Engine is a company based in Denver (United States) founded in 2015.. Hotel Engine has raised $221 million across 3 funding rounds from investors including Blackstone, Permira and Telescope. Hotel Engine offers products and services including Travel Booking Platform, Group Booking Service, and Invoice Consolidation Tool. Hotel Engine operates in a competitive market with competitors including CloudBeds, HyperGuest, bookingkit, Eviivo and TravelClick, among others.
- Headquarter Denver, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$221 M (USD)
in 3 rounds
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Latest Funding Round
$140 M (USD), Series C
Sep 17, 2024
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Investors
Blackstone
& 2 more
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Employee Count
Employee Count
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Products & Services of Hotel Engine
Hotel Engine offers a comprehensive portfolio of products and services, including Travel Booking Platform, Group Booking Service, and Invoice Consolidation Tool. 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.
Service for booking flights, hotels, and rentals for businesses.
Tool for handling large group trips and extended stays.
Feature for centralized billing of travel expenses.
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Funding Insights of Hotel Engine
Hotel Engine has successfully raised a total of $221M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $140 million completed in September 2024. 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 3
- Last Round Series C — $140.0M
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First Round
First Round
(07 Oct 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series C - Hotel Engine | Valuation | Permira |
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| Dec, 2021 | Amount | Series B - Hotel Engine | Valuation | Telescope Partners | |
| Oct, 2019 | Amount | Series A - Hotel Engine | Valuation | Telescope Partners |
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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 Engine
Hotel Engine has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Blackstone, Permira and Telescope. 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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Investments are made in technology, consumer, healthcare, and service sectors.
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Founded Year | Domain | Location | |
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Telescope is engaged in early growth investments for enterprise software.
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Founded Year | Domain | Location | |
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Diversified investment management is provided across multiple asset classes.
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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 Engine
| 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 |
Financial Statements - Hotel Engine
| 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 Engine Comparisons
Competitors of Hotel Engine
Hotel Engine 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 CloudBeds, HyperGuest, bookingkit, Eviivo and TravelClick, 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 |
Browser-based software solutions for hotels and other accomodations
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| domain | founded_year | HQ Location |
AI-powered web-based solutions for hotel booking management are provided.
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| domain | founded_year | HQ Location |
SaaS booking management solutions are provided for travel service providers.
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| domain | founded_year | HQ Location |
End-to-end software solutions for vacation rental management are offered.
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| domain | founded_year | HQ Location |
Cloud-based solutions for hospitality reservations and management are offered.
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| 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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Latest news on Hotel Engine
Frequently Asked Questions about Hotel Engine
When was Hotel Engine founded?
Hotel Engine was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Hotel Engine located?
Hotel Engine is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is Hotel Engine a funded company?
Hotel Engine is a funded company, having raised a total of $221M across 3 funding rounds to date. The company's 1st funding round was a Series A of $16M, raised on Oct 07, 2019.
What does Hotel Engine do?
Hotel Engine was established in 2015 in Denver, United States, within the hospitality and travel sector. A SaaS platform is operated to manage bookings for hotels and business travelers. Services encompass billing management, reservation handling, and lodging oversight. Mobile applications are supported on iOS and Android devices. Focus is placed on streamlining corporate travel accommodations across the United States.
Who are the top competitors of Hotel Engine?
Hotel Engine's top competitors include CloudBeds, HyperGuest and Eviivo.
What products or services does Hotel Engine offer?
Hotel Engine offers Travel Booking Platform, Group Booking Service, and Invoice Consolidation Tool.
Who are Hotel Engine's investors?
Hotel Engine has 3 investors. Key investors include Blackstone, Permira, and Telescope.
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