About RezNext
RezNext is a company based in Bengaluru (India) founded in 2012 by Vissal Mathew and Suresh John. RezNext has raised $9.9 million across 5 funding rounds from investors including Hansa Shah, NEA and Neha Sanghvi. The company has 24 employees as of April 05, 2024. RezNext operates in a competitive market with competitors including CloudBeds, Emerging Travel Group, Guesty, Shiji and StayNTouch, among others.
- Headquarter Bengaluru, India
- Employees 24 as on 05 Apr, 2024
- Founders Vissal Mathew, Suresh John
- Stage Minicorn
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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 Reznext Global Solutions Private Limited
- Date of Incorporation 27 Jul, 2012
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$376.65 K (USD)-7.02as on Mar 31, 2019
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Net Profit
-$122.94 K (USD)65.57as on Mar 31, 2019
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EBITDA
-$200.87 K (USD)64.5as on Mar 31, 2019
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Total Equity Funding
$9.9 M (USD)
in 5 rounds
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Latest Funding Round
$339.72 K (USD), Series A
Nov 25, 2017
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Investors
NEA
& 28 more
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Employee Count
24
as on Apr 05, 2024
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Funding Insights of RezNext
RezNext has successfully raised a total of $9.9M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $339.72 thousand completed in November 2017. 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.
Investors in RezNext
RezNext has secured backing from 29 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Hansa Shah, NEA and Neha Sanghvi.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are offered to startups by NEA.
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Hospitality technology solutions are provided by IDS Next globally.
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Hansa Shah |
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Investor details for RezNext
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Investments & Acquisitions by RezNext
Investment portfolio details for RezNext
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Financial Statements - RezNext
Detailed financials for RezNext
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Reznext Comparisons
Peer comparison for RezNext
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Competitors of RezNext
RezNext 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, Emerging Travel Group, Guesty, Shiji and StayNTouch, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Browser-based software solutions for hotels and other accomodations
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Multiple online travel platforms and OTAs are operated globally.
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Cloud-based software is provided for vacation rental management and synchronization.
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Cloud-based property management solutions for hospitality are provided.
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Property management software is delivered through a SaaS platform.
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Cloud-based hotel management system
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Detailed competitors of RezNext
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Latest news on Reznext
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Frequently Asked Questions about RezNext
RezNext was founded in 2012 and raised its 1st funding round 2 years after it was founded.
RezNext is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Binu Mathews is the current CEO of RezNext.
RezNext is a funded company, having raised a total of $9.9M across 5 funding rounds to date.
As of Apr 05, 2024, the latest employee count at RezNext is 24.
Annual revenue of RezNext is $376.65K as on Mar 31, 2019.
RezNext was established in 2012 in Bengaluru, India, as a provider of real-time distribution management solutions for the hospitality sector. Tools and services are offered to assist hotels in handling distribution channels, revenue optimization, and marketing efforts. Operations focus on enhancing online visibility and occupancy through data-driven strategies, with key leadership including co-founders Vissal Mathew and Suresh John, and CEO Binu Mathews.
RezNext's top competitors include Guesty, Emerging Travel Group and CloudBeds.
RezNext has 29 investors. Key investors include Hansa Shah, NEA, Neha Sanghvi, Balamurali Krishna, and Venkat Vardhan.
The valuation of RezNext is $11.95M as of Nov 2017.