# Hotelgg.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hotelgg-com

- Industry: Internet
- Headquarters: Shanghai, China
- Website: www.hotelgg.com
- Total disclosed funding: $26M
- Latest round: Series B (Aug 18, 2015)
- Investors on record: 3

## About

Hotelgg.com is a technology company focused on delivering software solutions designed to enhance operational efficiency for businesses in various sectors, particularly through their innovative ERP system.Hotelgg.com provides enterprise software solutions aimed at optimizing business operations. The company has its headquarters in Shanghai, China. It has raised a total of USD 20.00 mn in funding through its Series B round, with Chengwei Capital, Matrix Partners, and SIG Asia Investment as notable investors. The most recent deal occurred on June 3, 2019. Details regarding the founder's identity are not available.Hotelgg.com specializes in delivering innovative software solutions to improve operational efficiency across multiple industries. Their flagship product is a comprehensive ERP system launched in 2021, aimed at small and medium-sized enterprises (SMEs) in sectors such as retail, manufacturing, and logistics. The ERP system assists users in inventory management, financial reporting, and customer relationship management, with over 500 active users primarily in North America and Europe. Additionally, the company offers consulting services that enable clients to successfully implement and customize the software to their specific needs.The revenue model of Hotelgg.com is built around a subscription-based service for its ERP software, allowing businesses to access necessary features and updates for a recurring fee. Clients typically choose between various multi-tiered subscription plans based on user count and specific modules. Standard subscriptions include a monthly fee for a basic ERP version, while advanced features like analytics and reporting tools are available for an additional cost. Additional revenue is generated through consulting partnerships that provide customized implementation and training services, fostering long-term client relationships.Hotelgg.com plans to leverage its Series B funding to enhance its product offerings and expand into new markets. The company aims to launch new features for its ERP system by the end of 2021 and is targeting expansion into the Asian and European markets by 2022. The funding will be utilized to support product development and market entry strategies, ensuring that the company remains competitive in the software solutions sector.

## Funding rounds

- Series B, Aug 18, 2015, $20M — Matrix Partners, Chengwei Capital, SIG Asia Investment
- Series A, Dec 1, 2014, $4.9M — SIG Asia Investment
- Series A, Jan 1, 2014, $0.7M — Matrix Partners

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series A, Series B
- Chengwei Capital (https://capitalatlas.ai/funds/chengwei-capital) — Series B