About innRoad
innRoad is a Technology company based in New York (United States) founded in 2000. It operates as a saaS property management solutions are offered for independent hotels. It operates in the Technology and Travel & Hospitality sectors. innRoad has raised $16.15 million across 8 funding rounds from investors including Blue Heron Capital and Rose Park Advisors. The company has 56 employees. Its website innroad.com draws about 717 thousand monthly visits. Its Indian entity Innroad Software Development Services Private Limited reported revenue of ₹12.36 Cr. innRoad offers products and services including Property Management System, Booking Engine, Revenue Management, and Payment Processing. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Hospitality and Hotels. Its competitors include CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters New York, United States
- Employees 56
- SectorsTechnologyTravel & Hospitality
- Website category Travel and Tourism · Accommodation and Hotels
- Website innroad.com
- Social LinkedIn X Facebook YouTube
- Legal Name Innroad Software Development Servicesprivate Limited
- Date of Incorporation 31 May, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹12.36 Cr
FY 2024 · -56% YoY
- Net Profit₹1.38 Cr
FY 2024 · 11% margin
- EBITDA₹1.70 Cr
FY 2024 · 14% margin
- Total Equity Funding$16.15M (USD)
in 8 rounds
- Latest Funding Round$1M (USD), Series C
Mar 2015
- InvestorsBlue Heron Capital
& 1 more
- Employee Count56
Associated legal entities of innRoad
innRoad operates through Innroad Software Development Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innroad Software Development Services Private Limited CIN U74999TG2016FTC109999 | Active | 31 May 2016 | Hyderabad, Telangana | ₹12.4 Cr | 56 | 2 | View details |
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.
Apps and channels of innRoad
its YouTube channel innRoad has 52 subscribers and 4 videos.
Videos from innRoad
The most watched videos on innRoad's YouTube channel, innRoad (52 subscribers). Click a video to play it here.
More on innRoad.
Funding Insights of innRoad
innRoad has successfully raised a total of $16.15M 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.
- Total Funding $16.15M
- Total Rounds 8
- Last Round Series C — $1M
- First Round $585,000
(Jan 2009)
- Investors Count 2
All 8 funding rounds of innRoad with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2015 | $1M | Series C | – | – | – |
| Dec 2014 | $1M | Series C | – | – | – |
| May 2014 | $3.7M | Series C | – | – | – |
| Feb 2013 | $4.65M | Series B | – | – | – |
| Jun 2012 | $5.8M | Series B | – | Blue Heron Capital, Rose Park Advisors | – |
| Jan 2012 | $549,999 | Unspecified | – | – | – |
| Apr 2009 | $500,000 | Unspecified | – | – | – |
| Jan 2009 | $585,000 | Unspecified | – | – | – |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Private equity firm focused on healthcare and tech-enabled companies | – | blueheroncap.com | Richmond, United States | |
Venture capital investments are guided by disruptive innovation theories. | – | roseparkadvisors.com | Boston, United States |
Investor details for innRoad
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Innroad Software Development Services Private Limited (innRoad)
Innroad Software Development Services Private Limited is the primary company behind innRoad. The board of Innroad Software Development Services Private Limited currently have 2 directors; the longest-serving is Frederik Roy Rasmussen, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Frederik Roy Rasmussen DIN 06979478 | Director | 31 May 2016 | 10 yrs 4 mo | Innroad Software Development Services Private Limited |
| Rakesh Reddy Chennuru DIN 00021490 | Director | 31 May 2016 | 10 yrs 4 mo | Innroad Software Development Services Private Limited |
People of innRoad
23 people are tracked at innRoad (5 in leadership, 18 in team); the tracked headcount is 56.
| Name | Role | Group |
|---|---|---|
Jennifer Same | VP, Finance | Leadership |
David DeAngelo | VP, Product Management | Leadership |
| CEO & President | Leadership | |
Badar uz Zaman Khan | Senior Director Human Resources | Leadership |
Julius Louw | VP of Engineering | Leadership |
Sikander Shamsi | Project Manager | Team |
Giann Tuccio Abusabal | Technical Recruiter | Team |
Latha Sirandass | AM - Talent acquisition | Team |
Krishna reddy challa | Quality Assurance Engineer | Team |
Alex Savchuk | Associate Product Manager | Team |
Vania Viegas | Product Manager | Team |
Jaga Reddy | Senior Software Engineer | Team |
Nita Sakhvala | Senior Software Engineer | Team |
Sujith Kumar Pallapati | Devops Technical Lead | Team |
Benjamin Tortorelli | Software Engineer Technical Lead | Team |
Chinnu Chandran | Software Engineer | Team |
🚀 M. | Senior Full Stack Software Engineer | Team |
Sangram Patil | Senior Software Engineer | Team |
anusha potini | Senior QA Engineer | Team |
Raju Dunna | UI Developer | Team |
3 more people are available in the full profile.
Complete people profiles for innRoad
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of innRoad
Figures of Innroad Software Development Services Private Limited, the primary company behind innRoad, for FY 2024. Revenue was ₹12.36 Cr (-56% year on year). Net profit was ₹1.38 Cr (11% margin). EBITDA was ₹1.70 Cr (14% margin). Revenue has grown at a compounded annual rate of -8% over three years and -1% over five years.
- ₹12.36 CrRevenue · FY 2024 · -56% YoY
- ₹1.38 CrNet profit · 11% margin
- ₹1.70 CrEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- 56Employees (provident fund records)
- -8%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innroad Software Development Services Private Limited are on its company page.
Detailed financial statements for innRoad
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of innRoad
3 dated milestones of innRoad across 15 years, from founding to its latest funding, stage changes and deals.
- Founded innRoad is founded.
- Funding First funding round of $585K.
- Funding Latest funding round, Series C, of $1.0M.
Competitors of innRoad
innRoad has 9 listed competitors in our database, 9 of them funded. They include CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cloudbeds.com | 2012 | San Diego, United States | $246.94M | 172 | Browser-based software solutions for hotels and other accomodations | |
| guesty.com | 2013 | Walnut, United States | $409.25M | – | Cloud-based software is provided for vacation rental management and synchronization. | |
| shijigroup.com | 1998 | Beijing, China | $458.66M | – | Cloud-based property management solutions for hospitality are provided. | |
| stayntouch.com | 2012 | Bethesda, United States | $60.8M | 69 | Property management software is delivered through a SaaS platform. | |
| hotelogix.com | 2008 | Singapore | $9.97M | 162 | Cloud-based hotel management system | |
| rategain.com | 2004 | London, United Kingdom | $64.87M | 12 | SaaS solutions for hospitality revenue and operations management are delivered. | |
| canarytechnologies.com | 2017 | San Francisco, United States | $175.15M | 106 | Enterprise hospitality technology solutions are provided for business operations. | |
| mews.com | 2012 | Amsterdam, Netherlands | $409.99M | – | Cloud-based software for hotel and hostel operations is managed. | |
| apaleo.com | 2017 | Munich, Germany | $31.23M | 32 | Cloud-based ERP system for hotel operations is provided. |
Detailed competitors of innRoad
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of innRoad
The website of innRoad (innroad.com) receives about 717.4K visits a month and ranks #59,611 among all websites worldwide, #1,668 in Accommodation and Hotels.
- Monthly visits717.4K
▲ 56.3% vs previous month
- Unique visitors245.3K
per month
- Global rank#59,611
among all websites
- Category rank#1,668
Travel and Tourism · Accommodation and Hotels
- Bounce rate27%
- Pages per visit10.9
- Average visit21 min 25 sec
- DevicesDesktop 41% · Mobile 59%
Websites whose visitors overlap most with innRoad. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
resnexus.com | resnexus.com | 100% | – | #10,521 | – |
direct-book.com | direct-book.com | 94% | – | #11,891 | – |
| hotelogix.com | 86% | 32.7K | #920,058 | View details | |
| vrbo.com | 85% | 50M | #823 | View details | |
| wyndhamhotels.com | 82% | 9.5M | #5,783 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for innRoad
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Enterprise Resource Planning
10 companies that operate in the same segment as innRoad (Enterprise Resource Planning), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 1991 | Loughborough, England, United Kingdom | USD 1.49 B | – | 7,356 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | – | 834 | |
Cloud-based ERP software is provided for project-driven organizations. | 1983 | Herndon, Virginia, United States | USD 107.08 M | – | – | |
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
AI-powered CRM for marketing and sales management is provided. | 1996 | Chennai, Tamil Nadu, India | – | USD 1.6 B | 17,856 | |
Cloud-based accounting and payroll solutions for small and medium businesses | 1981 | United States | – | USD 4.54 M | – |
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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 $16.15M across 8 funding rounds to date. The company's 1st funding round was a Unspecified of $585K, raised on Jan 2009.
innRoad has 56 employees.
The primary company behind innRoad, Innroad Software Development Services Private Limited, reported revenue of ₹12.36 Cr for FY 2024, down 56% year on year.
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.
innRoad operates through Innroad Software Development Services Private Limited.
The legal entities of innRoad currently have 2 directors, including Frederik Roy Rasmussen, Rakesh Reddy Chennuru.
The website of innRoad receives about 717 thousand visits a month and ranks #59,611 among all websites worldwide.