Hotels.ng
Latest round
- Series A
Last raised
- May 2015
Total raised
- $1.2M
Investors
- 2
About Hotels.ng
ng operates as a hotel booking platform designed to facilitate accommodation bookings for travelers.2 mn from EchoVC Partners and Omidyar Network.ng primarily operates as a hotel booking platform, providing a comprehensive solution for travelers seeking accommodations across Nigeria. The platform offers a user-friendly interface for customers to search, compare, and reserve rooms in over 13,000 hotels, catering to diverse preferences and budgets. The key functionalities include instant booking capabilities through both Android and iOS mobile applications, which enhance user convenience and accessibility. The service targets a wide range of users, including leisure travelers, business professionals, and tourists, helping them efficiently find and book suitable accommodation in various Nigerian cities such as Lagos, Abuja, and Port Harcourt.ng revolves around commission-based transactions where hotels listed on the platform pay a fee for each booking made through the site. This structure involves direct-to-consumer sales, with the company acting as an intermediary between travelers and hotels.ng as commission. While specific pricing plans or commission rates are not disclosed, the company’s revenue is generated from the volume of transactions facilitated through its platform. There are plans for geographic expansion into additional West African markets to capture a wider audience by 2024.
Who invested in Hotels.ng
2 investors across 1 round
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Funding rounds
Series A
May 25, 2015
Amount
$1.2M
Investors
Questions about Hotels.ng
Who invested in Hotels.ng?
Hotels.ng has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hotels.ng raised?
Hotels.ng has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Hotels.ng last raise money?
Hotels.ng's most recent round on record is a Series A, in May 2015.
What does Hotels.ng do?
ng operates as a hotel booking platform designed to facilitate accommodation bookings for travelers.
Where is Hotels.ng headquartered?
Hotels.ng is headquartered in Lagos, Nigeria.
Which VCs invest in companies like Hotels.ng?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Persistent Energy Capital and Norrsken22 back internet companies at Hotels.ng's stage. Their profiles are linked below.
VCs backing internet startups at Series A
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