Fornova
Latest round
- Series B
Last raised
- May 2017
Total raised
- $17M
Investors
- 3
About Fornova
Founded in 2010, Fornova operates out of Yokneam Illit, Israel. The company specializes in business intelligence for the travel and hospitality industry. Fornova was co-founded by Dmitry Babitsky and Michael Rubanovich.Fornova specializes in providing advanced business intelligence solutions geared toward the travel and hospitality industry. The company's core products include Distribution Intelligence, Revenue Intelligence, and E-Commerce Optimization tools. These solutions enable hotels to enhance their market share by offering insights into competitive performance, optimizing digital distribution across various online travel agencies (OTAs) and metasearch platforms, and improving marketing ROI through targeted programmatic channels. Fornova's services are designed to address the challenges of occupancy risk and market visibility, allowing clients to analyze customer and channel segmentation effectively.Fornova's revenue model primarily revolves around subscription-based services tailored for the hospitality sector. Clients engage with Fornova through partnerships that facilitate access to its suite of business intelligence tools, which are vital for managing digital distribution and revenue strategies. The company structures its services in tiers, providing various levels of analytical capabilities and support based on client needs. Flagship products, such as Fornova Distribution Intelligence, are integral to the service offering, allowing clients to continuously monitor market dynamics and optimize pricing strategies. The company is exploring expansion into new markets, including Asia and South America, by 2025. This strategic move aligns with its goal to increase market penetration and deliver additional value to clients.
Who invested in Fornova
3 investors across 2 rounds
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Questions about Fornova
Who invested in Fornova?
Fornova has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fornova raised?
Fornova has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Fornova last raise money?
Fornova's most recent round on record is a Series B, in May 2017.
What does Fornova do?
Founded in 2010, Fornova operates out of Yokneam Illit, Israel.
Where is Fornova headquartered?
Fornova is headquartered in Yokneam Illit, Israel.
Which VCs invest in companies like Fornova?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Fornova's stage. Their profiles are linked below.
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