HotelRunner

Delaware City, United States Founded: 2011 • Age: 15 yrs
Cloud-based channel manager platform for hotels is provided.
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About HotelRunner

HotelRunner is a company based in Delaware City (United States) founded in 2011 by Ali Beklen and Arden Agopyan.. HotelRunner has raised $8.5 million across 4 funding rounds from investors including Wix, Founders Factory and 212. HotelRunner has completed 3 acquisitions, including Bookingate, PayPad and Ratefor. HotelRunner offers products and services including Booking Engine, Channel Manager, Property Management System, Metasearch | Direct Plus, and Analytics & Reporting. HotelRunner operates in a competitive market with competitors including SiteMinder, ONDA, ForNova, STAAH and eRevMax, among others.

  • Headquarter Delaware City, United States
  • Founders Ali Beklen, Arden Agopyan
  • Sectors
    Travel & Hospitality
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology → →
Travel & Hospitality → Hospitality, Lodging & Accommodation → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8.5 M (USD)

    in 4 rounds

  • Latest Funding Round
    $6.5 M (USD), Series A

    Jan 17, 2023

  • Investors
    Wix

    & 9 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Bookingate

    & 2 more

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Products & Services of HotelRunner

HotelRunner offers a comprehensive portfolio of products and services, including Booking Engine, Channel Manager, Property Management System, Metasearch | Direct Plus, and Analytics & Reporting. 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.

Primary

Tool for managing online hotel bookings and reservations.

Platform to distribute inventory across travel channels.

Software for handling hotel operations and guest relations.

Service for enhancing visibility on metasearch engines.

System for business insights and performance tracking.

Funding Insights of HotelRunner

HotelRunner has successfully raised a total of $8.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in January 2023. 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 Series A — $6.5M
  • First Round

    (24 Apr 2012)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2023 Amount Series A - HotelRunner Valuation Wix , Ascension
212 Vc , Melih Odemis
Jul, 2013 Amount Seed - HotelRunner Valuation Aslanoba Capital
212 Vc
Jul, 2012 Amount Grant - HotelRunner Valuation

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

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in HotelRunner

HotelRunner has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wix, Founders Factory and 212. 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
Angel
Investor Description Founded Year Domain Location
212
Startups at all stages are invested in by 212 VC.
Founded Year Domain Location
Ascension
Ascension is recognized as a venture capital firm focused on early-stage tech investments.
Founded Year Domain Location
Founders Factory
Startup studio focused on fintech, telecoms, and multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HotelRunner

HotelRunner has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bookingate, PayPad and Ratefor. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Ratefor
SaaS-driven booking price optimization solution for hotels
2017
PayPad
Tablet-based POS solution is provided for offline retailers' inventory tracking.
2014
Bookingate
Provider of management solutions for travel service providers
2009
Company Name Description Domain Location Founded Year Amount
OVO
OVO is recognized as a smart digital payment application.
2017
Bento Cloud
Bionic investment advisor platform
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - HotelRunner

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
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Hotelrunner Comparisons

Employees
+
Add Comparison
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Competitors of HotelRunner

HotelRunner 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 SiteMinder, ONDA, ForNova, STAAH and eRevMax, 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
SiteMinder
domain founded_year HQ Location
Cloud-driven reservation software is provided for hotel management.
ONDA
domain founded_year HQ Location
Reservation management app is offered for guesthouses and hotels.
ForNova
domain founded_year HQ Location
Market intelligence and visibility solutions for hotels are delivered.
STAAH
domain founded_year HQ Location
Cloud-based channel management solutions are offered to accommodation operators.
eRevMax
domain founded_year HQ Location
Software for managing hotel rates, bookings, and distribution across channels.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hotelrunner

Frequently Asked Questions about HotelRunner

When was HotelRunner founded?

HotelRunner was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is HotelRunner located?

HotelRunner is headquartered in Delaware City, United States. It is registered at Delaware City, Delaware, United States.

Is HotelRunner a funded company?

HotelRunner is a funded company, having raised a total of $8.5M across 4 funding rounds to date. The company's 1st funding round was a Grant of $210K, raised on Apr 24, 2012.

What does HotelRunner do?

HotelRunner was founded in 2011 and is headquartered in Delaware City, United States. Operations focus on the hospitality technology sector, where a cloud-based platform is offered to hotels. Services encompass channel management, booking engines, online payments, CRM systems, reporting tools, analytics, and marketing features. The platform supports distribution and management across multiple channels for hoteliers.

Who are the top competitors of HotelRunner?

HotelRunner's top competitors include SiteMinder, ONDA and ForNova.

What products or services does HotelRunner offer?

HotelRunner offers Booking Engine, Channel Manager, Property Management System, Metasearch | Direct Plus, and Analytics & Reporting.

How many acquisitions has HotelRunner made?

HotelRunner has made 3 acquisitions, including Bookingate, PayPad, and Ratefor.

Who are HotelRunner's investors?

HotelRunner has 10 investors. Key investors include Wix, Founders Factory, 212, Ascension, and Melih Odemis.

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