IDeaS
Latest round
- Series B
Last raised
- Jun 1998
Total raised
- $8M
Investors
- 3
About IDeaS
IDeaS was founded in 1989 in Minneapolis, US, focusing on optimizing revenue management for hospitality businesses. The company has undergone strategic pivots, evolving its product offerings, and was acquired by SAS Institute, Inc. in August 2008 for an undisclosed sum.IDeaS provides sophisticated revenue management solutions, notably the IDeaS Revenue Management System (RMS). This product employs advanced analytics to deliver actionable insights, automating processes that allow clients to transition from traditional methods to a data-driven approach.IDeaS generates revenue primarily through subscription-based licensing of its software and services. Clients engage in annual agreements that grant access to the IDeaS RMS along with support from revenue performance advisors.Following its acquisition by SAS Institute, IDeaS aims to expand its product offerings and enhance its existing solutions. The company is exploring entry into new markets, specifically targeting expansion within Europe and Asia-Pacific by the end of 2023.00 mn, will support these initiatives, helping IDeaS to bolster its innovations and market reach.
Who invested in IDeaS
3 investors across 1 round
See all investors in IDeaS
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series B
Jun 17, 1998
Amount
$8M
Investors
Questions about IDeaS
Who invested in IDeaS?
IDeaS has 3 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 IDeaS raised?
IDeaS has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did IDeaS last raise money?
IDeaS's most recent round on record is a Series B, in Jun 1998.
What does IDeaS do?
IDeaS was founded in 1989 in Minneapolis, US, focusing on optimizing revenue management for hospitality businesses.
Where is IDeaS headquartered?
IDeaS is headquartered in Minneapolis, US.
Which VCs invest in companies like IDeaS?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at IDeaS's stage. Their profiles are linked below.
VCs backing software startups at Series B
Raising like IDeaS? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.