# SiteMinder

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

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.siteminder.com
- Total disclosed funding: $105M
- Latest round: Series C (Jan 16, 2020)
- Investors on record: 6

## About

Based in Sydney, Australia, and founded in 2006 by its CEO, Sankar Narayan, and co-founders Mike Ford and Mike Rogers, SiteMinder Limited operates as a hotel booking software company for travelers.. In November 2021, the company raised AU $627 million from an IPO listed on the Australian Securities Exchange (ASX) under the ticker code SDR. In July 2023, SiteMinder Limited raised USD 20 million in venture debt from new investor HSBC Bank. As of November 2023, the company operates in 150 countries.

SiteMinder Limited operates as a provider of software solutions for the hotel industry that digitizes the process of booking. The company's products include a channel manager, a booking engine, a website builder, hotel business intelligence, and a global distribution system (GDS).

## Funding rounds

- Series C, Jan 16, 2020, $70M — AustralianSuper, Ellerston Capital, BlackRock, Pendal Group
- Series B, Jan 14, 2014, $30M — TCV
- Series A, May 8, 2012, $5M — Bailador Investment Management

## Investors

- Bailador Investment Management (https://capitalatlas.ai/funds/bailador-investment-management) — Series A
- TCV (https://capitalatlas.ai/funds/tcv) — Series B
- AustralianSuper — Series C
- Ellerston Capital (https://capitalatlas.ai/funds/ellerston-capital) — Series C
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series C
- Pendal Group — Series C