About Ruby Hotels
Ruby Hotels is a company based in Munchen (Germany) founded in 2013 by Michael Struck was acquired by IHG in February 2025.. Ruby Hotels offers products and services including Hotels and Workspaces.
- Headquarter Munchen, Germany
- Founders Michael Struck
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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 Ruby Hotels, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
InterContinental Hotels Group
& 2 more
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Employee Count
Employee Count
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Acquired by
IHG
(Feb 18, 2025)
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Products & Services of Ruby Hotels
Ruby Hotels offers a comprehensive portfolio of products and services, including Hotels and Workspaces. 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.
Stylish and comfortable stays are provided in city-center locations with features like cozy beds and aromatherapy products
Flexible workspaces are offered for meetings and daily use, equipped with restored designs and modern facilities
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Funding Insights of Ruby Hotels
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Seed - Ruby Hotels | Valuation |
investors |
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| Jun, 2014 | Amount | Seed - Ruby Hotels | Valuation | Franger Investment |
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| 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 Ruby Hotels
Ruby Hotels has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include InterContinental Hotels Group, Ocean Link and Franger Investment. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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A global hotel company is operated with multiple brands.
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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 Ruby Hotels
| 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 - Ruby Hotels
| 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 |
Ruby Hotels Comparisons
Competitors of Ruby Hotels
| 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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Frequently Asked Questions about Ruby Hotels
When was Ruby Hotels founded?
Ruby Hotels was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Ruby Hotels located?
Ruby Hotels is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of Ruby Hotels?
Michael Struck is the current CEO of Ruby Hotels. They have also founded this company.
What does Ruby Hotels do?
Ruby Hotels was founded in 2013 in Munich, Germany, operating within the hospitality sector. Accommodations and work environments are offered in urban locations, featuring comfortable beds, rainfall showers, and aromatherapy amenities in hotels. Workspaces are situated in restored historic buildings, with options ranging from hot desks to private offices. Operations are streamlined to deliver quality services at competitive rates across European city centers.
What products or services does Ruby Hotels offer?
Ruby Hotels offers Hotels and Workspaces.
Who are Ruby Hotels's investors?
Ruby Hotels has 3 investors. Key investors include InterContinental Hotels Group, Ocean Link, and Franger Investment.
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