About Octorate
Octorate is a company based in Rome (Italy) founded in 2011 was acquired by Dylog in December 2017.. Octorate has raised $560.79 thousand across 1 funding round from investors including P101, Marco Corradino and Dylog. Octorate offers products and services including PMS, Channel Manager, Booking Engine, Website Builder, and AI Web Concierge. Octorate operates in a competitive market with competitors including CloudBeds, Guesty, Shiji, StayNTouch and Hotelogix, among others.
- Headquarter Rome, Italy
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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 Octorate S.R.L.
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Products & Services of Octorate
Octorate offers a comprehensive portfolio of products and services, including PMS, Channel Manager, Booking Engine, Website Builder, and AI Web Concierge. 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.
Manages reservations, housekeeping, and daily tasks for properties
Syncs prices and availability across sales channels in real-time
Facilitates secure, commission-free direct bookings on websites
Creates professional, mobile-optimized property websites quickly
Handles check-ins, upsells, and payments via intuitive web app
Processes secure transactions and verifies credit cards in real-time
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Sales and Marketing
3 people
Leadership Team
2 people
Software Development Team
2 people
Country Team
1 people
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Funding Insights of Octorate
Octorate has successfully raised a total of $560.79K through 1 strategic funding round. The most recent funding activity was a Seed round of $560.79 thousand completed in October 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 Total Funding
- Total Rounds 1
- Last Round Seed — $560,785
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First Round
First Round
(01 Oct 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2015 | Amount | Seed - Octorate | Valuation |
investors |
| 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 Octorate
Octorate has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include P101, Marco Corradino and Dylog. 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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Venture capital investments are made in innovative early-stage companies.
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MC
Marco Corradino |
Italian angel investor, co-founder of Volagratis, active in Indian startups
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Founded Year | Domain | Location |
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location |
Investments & Acquisitions by Octorate
| 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 - Octorate
| 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 |
Octorate Comparisons
Competitors of Octorate
Octorate 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. 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 |
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 property management solutions for hospitality are provided.
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| domain | founded_year | HQ Location |
Property management software is delivered through a SaaS platform.
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| domain | founded_year | HQ Location |
Cloud-based hotel management system
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| domain | founded_year | HQ Location |
Enterprise hospitality technology solutions are provided for business operations.
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Octorate
When was Octorate founded?
Octorate was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Octorate located?
Octorate is headquartered in Rome, Italy. It is registered at Rome, Lazio, Italy.
Is Octorate a funded company?
Octorate is a funded company, having raised a total of $560.79K across 1 funding round to date. The company's 1st funding round was a Seed of $560.79K, raised on Oct 01, 2015.
What does Octorate do?
Octorate was founded in 2011 in Rome, Italy, as a provider of cloud-based software for the hospitality sector. Operations focus on hotel management systems, with services including self-check-in, payment processing, web concierge, property management systems, channel management, revenue optimization, and communication tools. Access is enabled through a subscription-based model, supporting various hotel operations across locations.
Who are the top competitors of Octorate?
Octorate's top competitors include Guesty, CloudBeds and Canary Technologies.
What products or services does Octorate offer?
Octorate offers PMS, Channel Manager, Booking Engine, Website Builder, and 2 more products and services.
Who are Octorate's investors?
Octorate has 3 investors. Key investors include P101, Marco Corradino, and Dylog.