Interel
Latest round
- Series A
Last raised
- Mar 2021
Total raised
- $8.9M
Investors
- 1
About Interel
Founded in 1984 and headquartered in Dubai, United Arab Emirates, Interel focuses on smart building technologies, particularly in energy and guest experience management.INTEREL specializes in advanced smart building solutions for the luxury hospitality sector, offering products such as INTEREL OS. This operating system integrates over 100 features to optimize energy usage and enhance guest experiences with control over lighting, temperature, and curtains.INTEREL generates revenue from direct sales of its hardware and software solutions, alongside subscription services for ongoing support and updates. The business model is primarily B2B, forming partnerships with hotel chains and property management firms to provide tailored solutions. These arrangements often involve long-term contracts covering installation and maintenance, which allows clients to access the latest features without incurring additional costs. The company is focusing on developing new smart building solutions aimed at enhancing energy efficiency and guest interaction, with launches expected in the upcoming year. Additionally, Interel aims to penetrate new markets in the Middle East and Southeast Asia by 2023, aligning its growth strategy with the increasing demand for sustainable building technologies.
Who invested in Interel
1 investor across 2 rounds
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Questions about Interel
Who invested in Interel?
Interel has 1 investor 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 Interel raised?
Interel has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Interel last raise money?
Interel's most recent round on record is a Series A, in Mar 2021.
What does Interel do?
Founded in 1984 and headquartered in Dubai, United Arab Emirates, Interel focuses on smart building technologies, particularly in energy and guest experience management.
Where is Interel headquartered?
Interel is headquartered in Dubai, United Arab Emirates.
Which VCs invest in companies like Interel?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back business support services companies at Interel's stage. Their profiles are linked below.
VCs backing business support services startups at Series A
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