IDeaS

Minneapolis, United States Founded: 1989 • Age: 37 yrs Acquired By SAS
Revenue management software and consulting for hospitality are provided.
Annual revenue $12.7M Latest available
Total funding $3.5M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About IDeaS

IDeaS is a company based in Minneapolis (United States) founded in 1989 by Ravi Mehrotra was acquired by SAS in August 2008. IDeaS has raised $3.5 million across 1 funding round from investors including SAS, Morgan Stanley and Sutter Hill Ventures. IDeaS operates in a competitive market with competitors including Duetto, Room Price Genie, Pruvo, Metro Engine and LodgIQ, among others.

  • Headquarter Minneapolis, United States
  • Founders Ravi Mehrotra
  • Sectors
    Travel & Hospitality
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Integrated Decisions And Systems (India) Private Limited
  • Date of Incorporation 13 Oct, 1998
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Travel & Hospitality → Hospitality, Lodging & Accommodation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.74 M (USD)
    23.48
    as on Mar 31, 2023
  • Net Profit
    $1.11 M (USD)
    32.54
    as on Mar 31, 2023
  • EBITDA
    $1.41 M (USD)
    21.3
    as on Mar 31, 2023
  • Total Equity Funding
    $3.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.5 M (USD), Series A

    Apr 11, 2002

  • Investors
    SAS

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    SAS

    (Aug 04, 2008)

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People of IDeaS

Headcount 200-500
Employee Profiles 86
Employee Profiles
People
Nikhil Kelkar
Senior Lead Development Tester
People
Bella Lewis
Incoming Research Analyst Intern
People
Bijal Shah
VP, Product Development
People
Vyankatesh Bura
Associate Software Engineer

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Funding Insights of IDeaS

IDeaS has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.5 million completed in April 2002. 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.

Investors in IDeaS

IDeaS has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SAS, Morgan Stanley and Sutter Hill Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
VC firm investing in the US
Locked Locked Locked
Wealth management, investment advisory, and financial services are provided.
Locked Locked Locked
-
Locked Locked Locked
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Investor details for IDeaS

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  • Investor domains
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  • Participation history

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Investments & Acquisitions by IDeaS

Investments
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Investment portfolio details for IDeaS

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Financial Statements - IDeaS

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Detailed financials for IDeaS

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  • Profit trends
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Ideas Comparisons

IDeaS Primary company
Description
Revenue management software and consulting for hospitality a...
Location
Minneapolis, United States
Founded Year
1989
Annual Revenue
$12.74 M (USD)
Net Profit
$1.11 M (USD)
EBITDA
$1.41 M (USD)
Employees
Not available
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Peer comparison for IDeaS

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of IDeaS

IDeaS 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 Duetto, Room Price Genie, Pruvo, Metro Engine and LodgIQ, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based revenue management solutions are provided for the hospitality sector.
Locked Locked Locked
Web-based revenue management solutions for small hotels are provided.
Locked Locked Locked
App-based platform to rebook hotels for travelers
Locked Locked Locked
AI-driven revenue management is provided for hotels and accommodations.
Locked Locked Locked
Revenue management solutions provider
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Detailed competitors of IDeaS

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Latest news on Ideas

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Complete news archive for IDeaS

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Frequently Asked Questions about IDeaS

IDeaS was founded in 1989 and raised its 1st funding round 13 years after it was founded.

IDeaS is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

IDeaS is a funded company, having raised a total of $3.5M across 1 funding round to date.

Annual revenue of IDeaS is $12.74M as on Mar 31, 2023.

IDeaS was founded in 1989 and is headquartered in Minneapolis, United States. Operations focus on the hospitality sector, where software solutions for pricing optimization, forecasting, and budgeting are delivered to hotels, resorts, casinos, and related businesses. Consulting services are offered to provide guidance and support. Resources including training courses and a developer portal are made available to clients in this field.

IDeaS's top competitors include Duetto, Room Price Genie and Pruvo.

IDeaS has 4 investors. Key investors include SAS, Morgan Stanley, Sutter Hill Ventures, and SEO Service Agent.

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