# RateBoard

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rateboard

- Industry: Software
- Headquarters: Innsbruck, Austria
- Website: www.rateboard.io
- Total disclosed funding: $1.5M
- Latest round: Seed (Jun 6, 2018)
- Investors on record: 1

## About

RateBoard GmbH is a technology company specializing in revenue management software designed specifically for hotels, enhancing their pricing strategies to increase revenue generation effectively.RateBoard GmbH, founded in 2015 and headquartered in Innsbruck, Austria, develops revenue management solutions tailored for the hospitality sector. The company has executed 4 deals, with its most recent deal occurring on January 29, 2020, when it was acquired by Zucchetti s.p.a. The founders, Matthias Trenkwalder and Simon Falkensteiner, have a background in technology and hospitality, driving the company's innovative approach to optimizing hotel pricing. RateBoard has raised a total of EUR 1.30 mn, with its latest funding round being a SEED round from aws Fondsmanagement.RateBoard GmbH specializes in revenue management software tailored for hotels of all sizes, aiming to optimize pricing strategies and enhance revenue generation. Its core offerings include a sophisticated algorithm that analyzes both internal hotel data and external market trends to recommend optimal room prices. This dynamic pricing solution enables clients to automate their pricing strategies through an autopilot feature that integrates seamlessly with Property Management Systems (PMS), saving time and reducing manual input. The software also features comprehensive analytics tools that allow users to assess key performance indicators (KPIs) such as Average Daily Rate (ADR) and Revenue per Available Room (RevPAR), facilitating strategic comparisons against historical data and market demand. RateBoard serves a diverse clientele, including over 1,400 hotels and leisure accommodations primarily located in the DACH region (Germany, Austria, and Switzerland) and expanding into broader European markets.RateBoard operates on a subscription-based revenue model, where clients pay for access to its revenue management software and associated services. The typical transaction process involves hotels subscribing to the software, which grants them access to the automated pricing algorithms and analytical tools. The pricing structure is designed to be scalable, accommodating various hotel sizes and needs, with clients selecting plans that suit their operational requirements. Revenue is generated through both monthly and annual subscriptions, with options available for additional consulting services and in-depth training sessions. RateBoard's flagship service is its comprehensive revenue management system, which not only aids in pricing optimization but also provides ongoing support and updates to ensure the software meets evolving market conditions and user needs.Looking ahead, RateBoard aims to expand its product offerings, including upcoming enhancements to its revenue management software designed to further integrate with emerging technologies. The company has plans to enter additional European markets by the end of 2023, targeting growth in regions like France and Italy. The recent funding of EUR 1.30 mn will support these initiatives, allowing RateBoard to invest in product development and market expansion efforts.

## Funding rounds

- Seed, Jun 6, 2018, $1.5M — aws Fondsmanagement

## Investors

- aws Fondsmanagement (https://capitalatlas.ai/funds/aws-fondsmanagement) — Seed