About innRoad
innRoad is a company based in New York (United States) founded in 2000. innRoad has raised $17.78 million across 8 funding rounds from investors including Blue Heron Capital and Rose Park Advisors. The company has 56 employees as of April 07, 2024. innRoad offers products and services including Property Management System, Booking Engine, Revenue Management, and Payment Processing. innRoad operates in a competitive market with competitors including CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
- Headquarter New York, United States
- Employees 56 as on 07 Apr, 2024
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Sectors
TechnologyTravel & Hospitality
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Phone
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Website
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Social
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- Legal Name Innroad Software Development Servicesprivate Limited
- Date of Incorporation 31 May, 2016
- Jurisdiction Seri Lingampally, Telangana, India
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Annual Revenue
$3.41 M (USD)64.6as on Mar 31, 2023
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Net Profit
$327.36 K (USD)69.77as on Mar 31, 2023
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EBITDA
$457.85 K (USD)58.9as on Mar 31, 2023
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Total Equity Funding
$17.78 M (USD)
in 8 rounds
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Latest Funding Round
$1 M (USD), Series C
Mar 05, 2015
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Investors
Blue Heron Capital
& 1 more
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Employee Count
56
as on Apr 07, 2024
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Products & Services of innRoad
innRoad offers a comprehensive portfolio of products and services, including Property Management System, Booking Engine, Revenue Management, and Payment Processing.
Manages hotel operations and guest data efficiently.
Handles online reservations and direct bookings seamlessly.
Optimizes rates and forecasts revenue for hotels.
Processes payments securely with integrated features.
People of innRoad
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Funding Insights of innRoad
innRoad has successfully raised a total of $17.78M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $1 million completed in March 2015. 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 innRoad
innRoad has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Blue Heron Capital and Rose Park Advisors.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on healthcare and tech-enabled companies
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Venture capital investments are guided by disruptive innovation theories.
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Investor details for innRoad
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Investments & Acquisitions by innRoad
Investment portfolio details for innRoad
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Financial Statements - innRoad
Detailed financials for innRoad
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Innroad Comparisons
Peer comparison for innRoad
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Competitors of innRoad
innRoad 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, Guesty, Shiji, StayNTouch and Hotelogix, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Browser-based software solutions for hotels and other accomodations
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Cloud-based software is provided for vacation rental management and synchronization.
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Cloud-based property management solutions for hospitality are provided.
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Property management software is delivered through a SaaS platform.
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Cloud-based hotel management system
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SaaS solutions for hospitality revenue and operations management are delivered.
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Detailed competitors of innRoad
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Latest news on Innroad
Complete news archive for innRoad
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Frequently Asked Questions about innRoad
innRoad was founded in 2000 and raised its 1st funding round 9 years after it was founded.
innRoad is headquartered in New York, United States. It is registered at New York, New York, United States.
innRoad is a funded company, having raised a total of $17.78M across 8 funding rounds to date.
As of Apr 07, 2024, the latest employee count at innRoad is 56.
Annual revenue of innRoad is $3.41M as on Mar 31, 2023.
innRoad was founded in 2000 in New York, United States, within the hospitality technology sector. SaaS-based software is provided for independent hoteliers, small chains, and management companies. Core operations integrate property management, global distribution systems, bookings handling, marketing tools, revenue optimization, and reporting features into one platform. Services focus on streamlined hotel operations across the United States.
innRoad's top competitors include Guesty, CloudBeds and Canary Technologies.
innRoad offers Property Management System, Booking Engine, Revenue Management, and Payment Processing.
innRoad has 2 investors. Key investors include Blue Heron Capital, and Rose Park Advisors.