Red Doorz

InternetSeries CSingapore, Singaporereddoorz.com

Latest round

Series C

Last raised

Apr 2024

Total raised

$156M

Investors

17

About Red Doorz

RedDoorz, based in Singapore, is a budget hotel aggregator offering affordable accommodations across Indonesia.Founded in 2015 in Singapore, RedDoorz specializes in budget hotel accommodations. The company's CEO, Amit Saberwal, along with founders Anggi J. and Kunwar Saxena, has overseen its growth.214 mn.RedDoorz primarily offers budget hotel accommodations across Indonesia, providing a comprehensive range of lodging options designed to cater to various types of travelers. Their core offerings include affordable rooms in urban centers and tourist hotspots, featuring modern amenities and comfortable bedding. The company's services are tailored to ensure convenience for families, business travelers, and individual tourists seeking economical lodging solutions. RedDoorz operates an extensive network of properties in key markets such as Jakarta, Yogyakarta, Bali, Surabaya, and Medan, positioning itself as a go-to option for both domestic and international travelers looking to explore Indonesia.920 mn. The company generates revenue through direct bookings on its online platform and mobile application, offering competitive pricing and a loyalty program called RedClub. The company aims to launch new product offerings designed to enhance guest experiences while exploring opportunities in additional markets within Southeast Asia. The upcoming initiatives may include the introduction of specialized lodging options targeting business travelers and families, with specific timelines to be announced in the coming quarters.

Who invested in Red Doorz

17 investors across 5 rounds

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Funding rounds

  1. Series C

    Apr 3, 2024

    Amount

    $28M

    Investors

    Locked

  2. Series C

    Oct 4, 2019

    Amount

    $70M

    Investors

    Locked

  3. Series B

    Mar 15, 2019

    Amount

    $43M

    Investors

    Locked

  4. Series A

    Mar 26, 2018

    Amount

    $15M

    Investors

    Locked

  5. Seed

    Apr 13, 2015

    Amount

    $1M

    Investors

    Locked

Questions about Red Doorz

Who invested in Red Doorz?

Red Doorz has 17 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Red Doorz raised?

Red Doorz has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Red Doorz last raise money?

Red Doorz's most recent round on record is a Series C, in Apr 2024.

What does Red Doorz do?

RedDoorz, based in Singapore, is a budget hotel aggregator offering affordable accommodations across Indonesia.

Where is Red Doorz headquartered?

Red Doorz is headquartered in Singapore, Singapore.

Which VCs invest in companies like Red Doorz?

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 internet companies at Red Doorz's stage. Their profiles are linked below.

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