Hosty inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Hosty inc. - overview

Established

2015

Location

Fukuoka-shi, -, Japan

Primary Industry

Travel & Leisure

About

Hosty Inc. is a technology company specializing in unmanned hotel services, providing automated solutions to enhance operational efficiency in the hospitality industry. Founded in 2015, Hosty Inc. operates from Fukuoka-shi, Japan, focusing on developing automated hotel management systems.


The company has successfully completed two funding rounds, with the most recent being a Series B round on January 31, 2020, raising JPY 570 million from Global Brain and World Innovation Lab. The total amount raised to date stands at JPY 570 million, with a current company valuation of JPY 4,534. 634 million. Hosty specializes in the development and management of unmanned hotel services, which aim to enhance the convenience and efficiency of the hospitality sector.


Their core product offerings include a fully automated hotel management system that minimizes the need for on-site staff, thus reducing operational costs while improving customer experience. This system addresses common pain points in the hospitality industry, such as high labor costs and inconsistent service quality, targeting both domestic and international markets, particularly urban areas. Their clientele includes individual travelers, business professionals, and hospitality operators. Hosty generates revenue through a B2B business model by partnering with hotel operators and property owners adopting their automated systems.


Clients typically pay a fee for installation and ongoing support, which includes software access, maintenance, and updates for optimal performance. Hosty’s flagship offering is their proprietary hotel management platform, facilitating seamless guest check-in, room management, and customer service. The subscription model ensures continuous service improvements and fosters long-term relationships with partners. In January 2020, Hosty Inc.


raised JPY 570 million in Series B funding to enhance their product offerings and expand into new markets. The company aims to launch additional features for their hotel management system by the end of 2023 and is targeting expansion into key urban locations across Asia-Pacific by 2025. The recent funding will be utilized to support product development and market entry strategies.


Current Investors

Global Brain, Septeni Holdings, World Innovation Lab

Primary Industry

Travel & Leisure

Sub Industries

Hotels & Accommodations

Website

www.hosty.jp

Verticals

IoT (Internet of Things)

Company Stage

Series B

Total Amount Raised

Subscriber access only

Hosty inc. - financials

Fiscal Year EndedFeb 28, 2019
Revenue (USD)-
% Revenue Growth (YoY)-
EBITDA (USD)-
Operating Income (USD)-
Operating Margin-
% EBITDA Margin-
NET Income (USD)-
% Net Margin-

Hosty inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.