About NewBook
NewBook is a company based in Surfers Paradise (Australia) founded in 2010 by Brad Illich was acquired by Potentia in April 2021.. NewBook offers products and services including Property Management System, Online Booking System, and Channel Manager. NewBook operates in a competitive market with competitors including Amadeus, Mews, CloudBeds, Guesty and Lodgify, among others.
- Headquarter Surfers Paradise, Australia
- Founders Brad Illich
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Sectors
TechnologyTravel & 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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- Legal Name Newbook Pty Ltd
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Potentia
(Apr 07, 2021)
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Products & Services of NewBook
NewBook offers a comprehensive portfolio of products and services, including Property Management System, Online Booking System, and Channel Manager. 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.
Central platform for managing bookings and operations in hospitality.
System for handling website reservations and payments securely.
Tool for managing listings across multiple booking channels.
Funding Insights of NewBook
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in NewBook
NewBook has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Potentia Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are focused on technology and software businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by NewBook
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NewBook
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newbook Comparisons
Competitors of NewBook
NewBook 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 Amadeus, Mews, CloudBeds, Guesty and Lodgify, 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 |
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| domain | founded_year | HQ Location |
SaaS-based operations management is provided for hospitality and aviation sectors.
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Cloud-based software for hotel and hostel operations is managed.
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Browser-based software solutions for hotels and other accomodations
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| domain | founded_year | HQ Location |
Cloud-based software is provided for vacation rental management and synchronization.
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| domain | founded_year | HQ Location |
Cloud-based software solutions for vacation rental management are offered.
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| domain | founded_year | HQ Location |
Cloud-based software for vacation rental management and bookings is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Newbook
Frequently Asked Questions about NewBook
When was NewBook founded?
NewBook was founded in 2010.
Where is NewBook located?
NewBook is headquartered in Surfers Paradise, Australia. It is registered at Surfers Paradise, Queensland, Australia.
Who is the current CEO of NewBook?
Brad Illich is the current CEO of NewBook. They have also founded this company.
What does NewBook do?
NewBook is a provider of software solutions for hotels and other accommodations. Product offerings include a Property Management Software (PMS) with an in-built booking engine (enables clients to accept bookings directly on their websites) integrated payment gateways, a Central Reservation System (CRS is a computerized system that connects to GDS is used to store, retrieve information and conduct transactions related to travel services), and a channel manager (enables clients to manage their listings on online distribution channels). Features include reporting, dynamic pricing, group bookings management, invoicing, loyalty customer management, HR management, revenue management, and more. It is available on a monthly subscription basis depending on the number of rooms.
Who are the top competitors of NewBook?
What products or services does NewBook offer?
NewBook offers Property Management System, Online Booking System, and Channel Manager.
Who are NewBook's investors?
NewBook has 1 investor. Key investors include Potentia Capital.
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