Pruvo

Haifa, Israel Founded: 2016 • Age: 10 yrs
App-based platform to rebook hotels for travelers
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About Pruvo

Pruvo is a company based in Haifa (Israel) founded in 2016 by Itai Marcipar and Regev Brody.. Pruvo has raised $1.1 million across 1 funding round from investors including 4Founders Capital. Pruvo offers products and services including Price Tracking Service, Chrome Extension, and Mobile App. Pruvo operates in a competitive market with competitors including CloudBeds, Duetto, Hotel Engine, IDeaS and HyperGuest, among others.

  • Headquarter Haifa, Israel
  • Founders Itai Marcipar, Regev Brody
  • Sectors
    Travel & Hospitality
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Pruvo Net Ltd.
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Travel & Hospitality → Hospitality, Lodging & Accommodation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.1 M (USD), Seed

    Mar 20, 2020

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Pruvo

Pruvo offers a comprehensive portfolio of products and services, including Price Tracking Service, Chrome Extension, and Mobile App. 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.

Primary

Monitors hotel reservations for price drops and secures refunds.

Enables easy price monitoring for hotel bookings directly in browsers.

App for tracking and managing hotel price changes on the go.

Funding Insights of Pruvo

Pruvo has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in March 2020. 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 Rounds 1
  • Last Round Seed — $1.1M
  • First Round

    (20 Mar 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2020 Amount Seed - Pruvo Valuation 4Founders Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Pruvo

Pruvo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 4Founders 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments are provided to tech startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Pruvo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Pruvo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pruvo Comparisons

Employees
+
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Competitors of Pruvo

Pruvo 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, Duetto, Hotel Engine, IDeaS and HyperGuest, 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
domain founded_year HQ Location
Browser-based software solutions for hotels and other accomodations
domain founded_year HQ Location
Cloud-based revenue management solutions are provided for the hospitality sector.
domain founded_year HQ Location
SaaS booking engine solution delivered for hotels and business travelers.
domain founded_year HQ Location
Revenue management software and consulting for hospitality are provided.
domain founded_year HQ Location
AI-powered web-based solutions for hotel booking management are provided.
domain founded_year HQ Location
Web-based revenue management solutions for small hotels are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pruvo

Frequently Asked Questions about Pruvo

When was Pruvo founded?

Pruvo was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Where is Pruvo located?

Pruvo is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.

Is Pruvo a funded company?

Pruvo is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Mar 20, 2020.

What does Pruvo do?

Pruvo was founded in 2016 in Haifa, Israel, as a travel technology platform. Hotel bookings are facilitated through its mobile apps for iOS and Android devices. Prices for booked rooms are tracked continuously, and users are guided to rebook identical accommodations when lower rates become available. Operations focus on enhancing traveler savings in the hospitality sector.

Who are the top competitors of Pruvo?

Pruvo's top competitors include CloudBeds, Duetto and Hotel Engine.

What products or services does Pruvo offer?

Pruvo offers Price Tracking Service, Chrome Extension, and Mobile App.

Who are Pruvo's investors?

Pruvo has 1 investor. Key investors include 4Founders Capital.

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