# BYHOURS Travel, SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/byhours-travel-sl

- Industry: Internet
- Headquarters: Barcelona, Spain
- Website: www.byhours.com
- Total disclosed funding: $3.5M
- Latest round: Series C (Dec 15, 2017)
- Investors on record: 3

## About

BYHOURS Travel, SL, based in Barcelona, Spain, specializes in flexible hotel booking solutions, enabling users to reserve hotel rooms by the hour. The platform caters to diverse customer needs, enhancing convenience and efficiency in the travel experience.Founded in 2012 in Barcelona, Spain, BYHOURS Travel, SL operates a platform that allows customers to book hotel rooms for short stays. The company has raised EUR 8 million in funding, with its latest investment closed on January 21, 2020, and was co-led by Angel Ventures and DILA Capital. The CEO is Guillermo Gaspart, who has been pivotal in driving the company's growth.BYHOURS operates a flexible hotel booking platform that allows users to reserve hotel rooms in increments of 3, 6, or 24 hours, catering to travelers with long layovers, business professionals, and urban dwellers. With access to over 4,000 hotels worldwide, the platform emphasizes benefits like flexible check-in, pay-per-use pricing, and free cancellations up to 24 hours in advance, enhancing customer experience across North America, Europe, and Latin America.In 2022, BYHOURS reported a revenue of EUR 1,340,535.50 with an EBITDA of EUR -208,902.40. The company generates revenue primarily through its pay-per-use booking model, facilitating transactions directly through its platform, which supports diverse revenue streams and partnerships with hotel chains.BYHOURS intends to utilize the EUR 8 million raised in its latest funding round to enhance its platform and expand its market presence. The company is exploring new product offerings that will improve user experience and is targeting growth in key markets such as North America and Latin America by 2025.

## Funding rounds

- Series C, Dec 15, 2017, $3.5M — HOWZAT Partners, HR Ventures, Verve Ventures

## Investors

- HOWZAT Partners (https://capitalatlas.ai/funds/howzat-partners) — Series C
- HR Ventures (https://capitalatlas.ai/funds/hr-ventures) — Series C
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Series C