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
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Sectors
Travel & Hospitality
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Email
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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
$8.5 M (USD)
in 4 rounds
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Latest Funding Round
$6.5 M (USD), Series A
Jan 17, 2023
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Investors
Wix
& 9 more
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Employee Count
Employee Count
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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.
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 Funding
- Total Rounds 4
- Last Round Series A — $6.5M
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First Round
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 | |
| Jul, 2013 | Amount | Seed - HotelRunner | Valuation | Aslanoba Capital | |
| Jul, 2012 | Amount | Grant - HotelRunner | Valuation |
investors |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups at all stages are invested in by 212 VC.
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Founded Year | Domain | Location | |
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Ascension is recognized as a venture capital firm focused on early-stage tech investments.
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Founded Year | Domain | Location | |
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Startup studio focused on fintech, telecoms, and multiple sectors
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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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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SaaS-driven booking price optimization solution for hotels
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2017 | ||||
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Tablet-based POS solution is provided for offline retailers' inventory tracking.
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2014 | ||||
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Provider of management solutions for travel service providers
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2009 |
Financial Statements - HotelRunner
Hotelrunner Comparisons
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-driven reservation software is provided for hotel management.
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| domain | founded_year | HQ Location |
Reservation management app is offered for guesthouses and hotels.
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| domain | founded_year | HQ Location |
Market intelligence and visibility solutions for hotels are delivered.
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| domain | founded_year | HQ Location |
Cloud-based channel management solutions are offered to accommodation operators.
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| domain | founded_year | HQ Location |
Software for managing hotel rates, bookings, and distribution across channels.
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Frequently Asked Questions about HotelRunner
HotelRunner was founded in 2011 and raised its 1st funding round 1 year after it was founded.
HotelRunner is headquartered in Delaware City, United States. It is registered at Delaware City, Delaware, United States.
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.
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.
HotelRunner's top competitors include SiteMinder, ONDA and ForNova.
HotelRunner offers Booking Engine, Channel Manager, Property Management System, Metasearch | Direct Plus, and Analytics & Reporting.
HotelRunner has made 3 acquisitions, including Bookingate, PayPad, and Ratefor.
HotelRunner has 10 investors. Key investors include Wix, Founders Factory, 212, Ascension, and Melih Odemis.