TravelNet
About TravelNet
TravelNet is a company based in Inver Grove Heights (United States) founded in 1999 was acquired by Blue Star Innovation Partners in July 2022. TravelNet has raised $500 thousand across 1 funding round from investors including Blue Star Innovation Partners. The company has 145 employees as of December 31, 2023. TravelNet has completed 1 acquisition, including Rented.com. TravelNet offers products and services including TrackPMS, TrackCRM, TrackRevenue, and TrackEcommerce. TravelNet operates in a competitive market with competitors including Guesty, JadeCaps, HiGuests, Shortzi and Direct PMS, among others.
- Headquarter Inver Grove Heights, United States
- Employees 145 as on 31 Dec, 2023
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
Locked
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Social
Locked
- Legal Name Travelnet Solutions, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Unspecified
Mar 27, 2015
- Investors
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Employee Count
145
as on Dec 31, 2023
- Investments & Acquisitions
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Acquired by
Blue Star Innovation Partners
(Jul 26, 2022)
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Products & Services of TravelNet
TravelNet offers a comprehensive portfolio of products and services, including TrackPMS, TrackCRM, TrackRevenue, and TrackEcommerce.
Software for managing property operations and bookings
Tools for handling business and guest interactions
System for optimizing property pricing and bookings
Platform for driving direct bookings and marketing
People of TravelNet
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Funding Insights of TravelNet
TravelNet has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $500 thousand completed in March 2015. 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 TravelNet
TravelNet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blue Star Innovation Partners.
| Investor | Description | Founded Year | Domain | Location |
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Family office of Jones family
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Locked | Locked | Locked |
Investor details for TravelNet
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- Investor locations
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Investments & Acquisitions by TravelNet
TravelNet has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rented.com.
Investment portfolio details for TravelNet
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online platform for vacation rental property managers
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Locked | Locked | 2012 | Locked |
Complete acquisition details for TravelNet
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - TravelNet
Detailed financials for TravelNet
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- Historical revenue
- Profit trends
- Statement rows
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Travelnet Comparisons
Peer comparison for TravelNet
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of TravelNet
TravelNet 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 Guesty, JadeCaps, HiGuests, Shortzi and Direct PMS, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Cloud-based software is provided for vacation rental management and synchronization.
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Provides real estate brokerage services for buying and selling residential properties.
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Vacation rental accommodations are booked via an online platform.
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Facilitates short-term property rentals with management services for owners.
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Software for managing property leads, tickets, staff, and assets effectively.
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Detailed competitors of TravelNet
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Latest news on Travelnet
Complete news archive for TravelNet
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Frequently Asked Questions about TravelNet
TravelNet was founded in 1999 and raised its 1st funding round 16 years after it was founded.
TravelNet is headquartered in Inver Grove Heights, United States. It is registered at Inver Grove Heights, Minnesota, United States.
TravelNet is a funded company, having raised a total of $500K across 1 funding round to date.
As of Dec 31, 2023, the latest employee count at TravelNet is 145.
TravelNet was founded in 1999 in Inver Grove Heights, United States, within the travel and hospitality sector. A cloud-based platform is offered for managing vacation rental operations. Key functions handled include accounting, payment processing, front desk activities, housekeeping schedules, maintenance tracking, and revenue optimization. The solution supports property owners in overseeing daily tasks across various rental properties.
TravelNet offers TrackPMS, TrackCRM, TrackRevenue, and TrackEcommerce.
TravelNet has made 1 acquisition, including Rented.com.
TravelNet has 1 investor. Key investors include Blue Star Innovation Partners.