# HotelRunner

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

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.hotelrunner.com
- Total disclosed funding: $7M
- Latest round: Series A (Jan 17, 2023)
- Investors on record: 5

## About

HotelRunner, Inc., based in the UK, is a cloud-based platform that streamlines operations for hospitality businesses by offering tools for booking management and revenue generation.Founded in 2011, HotelRunner, Inc. operates as a technology platform for the hospitality industry, facilitating seamless management of bookings and client interactions. The company is headquartered in Wilmington, US and has undergone strategic developments to enhance its service offerings. The company was co-founded by Ali Beklen and Arden Agopyan, and has completed a total of 6 investment deals. The most recent funding round, a Series A, occurred on January 17, 2023, raising USD 6.5 mn from investors including 212, Ascension Ventures, DHM Premier Investments, Founders Factory, and Wix Capital.HotelRunner is a comprehensive platform designed to enhance the operational efficiency and revenue generation capabilities of hospitality businesses. Its core offerings include a Booking Engine, Channel Manager, Property Management System (PMS), Guest Relationship Management (GRM) tools, and a Promotion Engine. These solutions help manage room inventory, optimize pricing strategies, and improve guest experience across various customer segments, including hotels, bed and breakfasts, vacation rentals, travel agencies, and tour operators. The platform is used globally, with a strong presence in Europe, Asia, and the Americas.HotelRunner generates revenue primarily through subscription-based models and partnerships with hospitality businesses. Clients subscribe to the platform's services, which are tailored to the operational needs and sizes of their properties. The company's key products, such as the Channel Manager and PMS, come with distinct pricing plans for both small boutique hotels and larger chains. Transactional fees apply to certain functionalities, providing clients with integrated services that boost revenue management and customer engagement.In January 2023, HotelRunner, Inc. raised USD 6.5 mn in Series A funding, with participation from returning and new investors. The funding will be utilized to expand the workforce, invest in technology, and establish a stronger presence in offline areas. HotelRunner plans to launch new products aimed at improving customer interaction and experience, while also targeting expansion into new geographic markets. Details on specific markets or regions have not been publicly disclosed, but the company is committed to enhancing its service offerings and market reach.

## Funding rounds

- Series A, Jan 17, 2023, $6.5M — Ascension Ventures, 212, Founders Factory, Wix Capital, DHM Premier Investments
- Seed, Jun 12, 2012, $0.5M — 212

## Investors

- 212 (https://capitalatlas.ai/funds/212) — Seed, Series A
- Ascension Ventures (https://capitalatlas.ai/funds/ascension-ventures) — Series A
- Founders Factory (https://capitalatlas.ai/funds/founders-factory) — Series A
- Wix Capital (https://capitalatlas.ai/funds/wix-capital) — Series A
- DHM Premier Investments — Series A