# apaleo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apaleo

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.apaleo.com
- Total disclosed funding: $5.4M
- Latest round: Series A (Mar 2, 2023)
- Investors on record: 5

## About

Based in Germany, apaleo GmbH provides a property management platform that optimizes operations for hotels and apartments through customizable integrations and automation, enhancing guest experiences across various markets.apaleo GmbH, founded in 2017 in Munich, Germany, specializes in property management solutions for the hospitality sector. The founders include Alan O'Riordan, Andrea Ziegelmüller, Dario Longo, Martin Reichenbach, Philip von Ditfurth, Stephan Wiesener, Ulrich Pillau, and Vasily Geyer. The company has raised a total of EUR 20 mn, with the most recent funding round taking place on November 13, 2024. The latest round was led by PSG Equity, with contributions from Force Over Mass Capital, Redalpine, and Rockaway Ventures, marking it as a significant growth opportunity.Apaleo offers a robust property management platform designed to enhance operational efficiency for hotels and serviced apartments. The core product, the Apaleo Open PMS, enables users to customize guest experiences through extensive third-party application integrations using advanced APIs. The platform streamlines routine tasks, allowing staff to focus on enhancing guest interactions. Additional offerings include Apaleo APIs for tailored solutions, Apaleo Pay for secure payment processing, and the Apaleo Store for various integrations, catering primarily to the hospitality sector in Europe, North America, and Asia.Apaleo operates on a subscription-based revenue model, where clients pay for accessing its comprehensive suite of property management products. This model includes structured contracts for services such as the Open PMS, APIs, and payment solutions, allowing for scalable subscription levels based on client needs. The company's focus on operational efficiency and guest satisfaction contributes to its revenue generation in the competitive hospitality technology landscape.In November 2024, apaleo GmbH secured EUR 20 mn in Series B funding, led by PSG Equity. The company plans to utilize this capital to expand its global market presence, innovate its platform, and hire additional staff. Future initiatives include the development of new products aimed at enhancing user experience, with specific plans targeting growth in key markets across North America and Asia.

## Funding rounds

- Series A, Mar 2, 2023 — Redalpine, Rockaway, Force Over Mass Capital, Serpentine Ventures
- Series A, Mar 11, 2021, $5.4M — Bayern Kapital, Redalpine, Force Over Mass Capital

## Investors

- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Series A
- Redalpine (https://capitalatlas.ai/funds/redalpine) — Series A
- Force Over Mass Capital (https://capitalatlas.ai/funds/force-over-mass-capital) — Series A
- Rockaway (https://capitalatlas.ai/funds/rockaway) — Series A
- Serpentine Ventures (https://capitalatlas.ai/funds/serpentine-ventures) — Series A