About RedDoorz
RedDoorz is a company based in Singapore (Singapore) founded in 2015.. RedDoorz has raised $132.39 million across 7 funding rounds from investors including Mirae Asset, International Finance Corporation and Qiming Venture Partners. RedDoorz offers products and services including Hotel Search Platform. RedDoorz operates in a competitive market with competitors including Booking.com, Super, Treebo, HotelTonight and OYO, among others.
- Headquarter Singapore, Singapore
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Sectors
Travel & 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 Commeasure Pte. Ltd.
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Annual Revenue
$19.9 M (USD)22as on Dec 31, 2022
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Net Profit
$24.05 M (USD)-55as on Dec 31, 2022
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EBITDA
$24.18 M (USD)-55as on Dec 31, 2022
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Total Equity Funding
$132.39 M (USD)
in 7 rounds
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Latest Funding Round
$70 M (USD), Series C
Aug 18, 2019
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Investors
Mirae Asset
& 12 more
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Employee Count
Employee Count
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Products & Services of RedDoorz
RedDoorz offers a comprehensive portfolio of products and services, including Hotel Search Platform. 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.
Platform for searching and booking hotel stays online
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Funding Insights of RedDoorz
RedDoorz has successfully raised a total of $132.39M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $70 million completed in August 2019. 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 7
- Last Round Series C — $70.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Series C - RedDoorz | Valuation | Asia Partners | |
| Jul, 2019 | Amount | Series B - RedDoorz | Valuation | Qiming Venture Partners , Jungle Ventures | |
| Mar, 2018 | Amount | Series A - RedDoorz | Valuation | Deep Sky Capital , FengHe Group |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in RedDoorz
RedDoorz has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Mirae Asset, International Finance Corporation and Qiming Venture Partners. 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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Growth equity investments supporting tech entrepreneurs in Southeast Asia.
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Founded Year | Domain | Location | |
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Venture capital firm focused on technology, fintech, e-commerce, mobility platforms, and multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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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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Founded Year | Domain | Location | |
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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 RedDoorz
| 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 - RedDoorz
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Reddoorz Comparisons
Competitors of RedDoorz
RedDoorz 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 Booking.com, Super, Treebo, HotelTonight and OYO, 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 |
App-based platform for booking multiple categories of accommodations
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| domain | founded_year | HQ Location |
Online platform for discovering and booking hotel accommodations at discounted prices
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| domain | founded_year | HQ Location |
Standardized budget hotels are operated through an online chain.
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| domain | founded_year | HQ Location |
Last-minute hotel rooms are booked via a mobile app marketplace.
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| domain | founded_year | HQ Location |
Online marketplace for booking accommodations is operated.
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| domain | founded_year | HQ Location |
Online hotel booking platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Reddoorz
Frequently Asked Questions about RedDoorz
When was RedDoorz founded?
RedDoorz was founded in 2015.
Where is RedDoorz located?
RedDoorz is headquartered in Singapore, Singapore.
Is RedDoorz a funded company?
RedDoorz is a funded company, having raised a total of $132.39M across 7 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Sep 30, 2015.
What is the annual revenue of RedDoorz?
Annual revenue of RedDoorz is $19.9M as on Dec 31, 2022.
What does RedDoorz do?
RedDoorz was founded in 2015 in Singapore as an app-based platform in the hospitality sector. Hotel accommodations are managed through a franchising model, with partnerships established to standardize operations. Bookings are facilitated via web and mobile apps on Android and iOS. Amenities including free WiFi, satellite TV, sanitized facilities, toiletries, and mineral water are provided. Distribution, pricing, marketing, and revenue management are handled for partners.
Who are the top competitors of RedDoorz?
RedDoorz's top competitors include Super, OYO and Booking.com.
What products or services does RedDoorz offer?
RedDoorz offers Hotel Search Platform.
Who are RedDoorz's investors?
RedDoorz has 13 investors. Key investors include Mirae Asset, International Finance Corporation, Qiming Venture Partners, InnoVen Capital, and Asia Partners.