Quendoo OOD
Latest round
- Series A
Last raised
- Jan 2021
Total raised
- $0.9M
Investors
- 1
About Quendoo OOD
Founded in 2020 in Sofia, Bulgaria, Quendoo OOD focuses on providing hotel optimization software solutions. The founders, Georgi Ivanov and Gorian Varbanov, have a background in technology and business development.Quendoo specializes in next-generation hotel optimization software that offers a suite of integrated solutions designed to enhance booking management and streamline operations for hospitality businesses. Their core product line includes a frictionless booking engine that facilitates direct bookings, helping hotels reduce reliance on Online Travel Agencies (OTAs) and associated fees. Additionally, Quendoo provides powerful distribution tools that allow for effective inventory management and pricing optimization through applied analytics. The software also enables hotels to implement customized loyalty programs, thereby encouraging repeat business without incurring extra costs.Quendoo's revenue model is primarily subscription-based, offering hotels various pricing plans for their software solutions. Clients typically engage in annual or monthly subscription agreements, allowing them to access the full range of Quendoo's services, including its booking engine and distribution tools. The company’s flagship products, which are integral to its revenue generation, include the booking engine and the analytics-driven inventory management system. This structure facilitates a seamless transactional relationship between Quendoo and its clients, enabling hotels to optimize their operations while providing a reliable platform for guest engagement. The company aims to launch new features and tools that improve user engagement in the next year. Additionally, Quendoo is targeting expansion into various European markets, including Germany and France, by 2023. This growth strategy focuses on enhancing its customer base and increasing market penetration within the hospitality industry.
Who invested in Quendoo OOD
1 investor across 1 round
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Funding rounds
Series A
Jan 18, 2021
Amount
$0.9M
Investors
Questions about Quendoo OOD
Who invested in Quendoo OOD?
Quendoo OOD 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 Quendoo OOD raised?
Quendoo OOD has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Quendoo OOD last raise money?
Quendoo OOD's most recent round on record is a Series A, in Jan 2021.
What does Quendoo OOD do?
Founded in 2020 in Sofia, Bulgaria, Quendoo OOD focuses on providing hotel optimization software solutions.
Where is Quendoo OOD headquartered?
Quendoo OOD is headquartered in Sofia, Bulgaria.
Which VCs invest in companies like Quendoo OOD?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Quendoo OOD's stage. Their profiles are linked below.
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