Oaky
Latest round
- Series A
Last raised
- Feb 2020
Total raised
- $9.9M
Investors
- 1
About Oaky
V.V. specializes in hotel upselling solutions. The company has not undergone significant pivots or strategies changes. It was founded by Erik Tengen, Lars Jonker, and Willem Guensberg. Oaky specializes in hotel upsell software designed to enhance revenue per available room (TRevPAR) through personalized offers and automated processes. Core product offerings include pre-stay upselling, front desk upselling, and in-stay upselling, enabling hotels to present relevant deals at various guest touchpoints. Oaky’s features automate guest communication, provide comprehensive reporting for insights, and integrate with property management systems (PMS) to streamline operations.Oaky operates on a subscription-based revenue model, allowing hotels to access its software and features for a set fee. The platform supports various transaction structures, primarily focusing on B2B relationships with hotel chains and independent properties. Clients utilize the software for upselling offerings, including room upgrades, early check-ins, and additional services. Oaky’s revenue structure accommodates various hotel sizes, with pricing tailored to the client's needs, emphasizing effective upselling strategies supported by robust data analytics.V. plans to invest in developing new products to enhance its offering. The company is targeting expansion into new geographic regions, focusing primarily on markets in North America and Asia by the end of 2023.
Who invested in Oaky
1 investor across 1 round
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Funding rounds
Series A
Feb 27, 2020
Amount
$9.9M
Investors
Questions about Oaky
Who invested in Oaky?
Oaky has 1 investor 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 Oaky raised?
Oaky has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Oaky last raise money?
Oaky's most recent round on record is a Series A, in Feb 2020.
What does Oaky do?
Oaky is a software company.
Where is Oaky headquartered?
Oaky is headquartered in Amsterdam, Netherlands.
Which VCs invest in companies like Oaky?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Oaky's stage. Their profiles are linked below.
VCs backing software startups at Series A
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