About Suiteness
Suiteness is a company based in Oakland (United States) founded in 2014.. Suiteness has raised $7 million across 3 funding rounds from investors including Bullpen Capital, Global Founders Capital and HVF. Suiteness offers products and services including Suiteness Booking Platform. Suiteness operates in a competitive market with competitors including Design Hotels, Bonotel, Five Star Alliance, Want Me Get Me and VacationCandy, among others.
- Headquarter Oakland, United States
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Suiteness, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7 M (USD)
in 3 rounds
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Latest Funding Round
$6 M (USD), Series A
Dec 14, 2016
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Investors
Bullpen Capital
& 8 more
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Employee Count
Employee Count
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Products & Services of Suiteness
Suiteness offers a comprehensive portfolio of products and services, including Suiteness Booking 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.
Online service for reserving connecting hotel rooms and suites
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Funding Insights of Suiteness
Suiteness has successfully raised a total of $7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in December 2016. 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 3
- Last Round Series A — $6.0M
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First Round
First Round
(08 Dec 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Series A - Suiteness | Valuation | Bullpen Capital , Global Founders Capital | |
| Aug, 2016 | Amount | Seed - Suiteness | Valuation |
investors |
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| Dec, 2015 | Amount | Seed - Suiteness | Valuation | Structure Capital |
| 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 Suiteness
Suiteness has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bullpen Capital, Global Founders Capital and HVF. 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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Seed & early stage tech-focused venture capital firm investing in the US and Canada
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Seed-stage investments in startups are provided by Kima Ventures.
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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 Suiteness
| 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 - Suiteness
| 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 |
Suiteness Comparisons
Competitors of Suiteness
Suiteness 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 Design Hotels, Bonotel, Five Star Alliance, Want Me Get Me and VacationCandy, 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 |
Luxury boutique hotels worldwide are discovered via an online platform.
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| domain | founded_year | HQ Location |
Luxury accommodations are booked at discounts via an online marketplace.
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| domain | founded_year | HQ Location |
Luxury hotel accommodations are booked via an online travel platform.
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| domain | founded_year | HQ Location |
Reviews and shares links for reliable online gambling platforms.
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| domain | founded_year | HQ Location |
Online platform for booking discounted luxury resort vacation rentals.
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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 Suiteness
Frequently Asked Questions about Suiteness
When was Suiteness founded?
Suiteness was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Suiteness located?
Suiteness is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Is Suiteness a funded company?
Suiteness is a funded company, having raised a total of $7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Dec 08, 2015.
What does Suiteness do?
Suiteness was founded in 2014 in Oakland, United States, as an online platform in the hospitality sector. Access to luxury hotel suites at reduced rates is granted through required membership, alongside discounts and perks for users. Customer insights and intelligence are delivered to partner hotels. Services are operated in Las Vegas, with planned expansions to Los Angeles, New York, and Miami.
Who are the top competitors of Suiteness?
Suiteness's top competitors include Design Hotels, Five Star Alliance and Bonotel.
What products or services does Suiteness offer?
Suiteness offers Suiteness Booking Platform.
Who are Suiteness's investors?
Suiteness has 9 investors. Key investors include Bullpen Capital, Global Founders Capital, HVF, Kima Ventures, and AltaIR Capital.