Blink Booking Limited
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Blink Booking Limited - overview
Established
2011
Location
Madrid, -, Spain
Primary Industry
Travel & Leisure
About
Blink Booking Limited is a technology-driven company offering an innovative platform for rapid hotel booking solutions, aiming to enhance user convenience with efficient travel service functionalities. Blink Booking Limited specializes in providing a seamless online hotel booking experience. Founded in 2011, the company is headquartered in Madrid, Spain. The firm has undergone strategic enhancements to its operational framework but has not reported any major pivots or changes.
Blink Booking Limited has raised a total of USD 4. 40 mn in funding, with the most recent funding round being a Seed round amounting to USD 4. 40 mn in September 2013. PROfounders Capital led this round, alongside other investors including 500 Global, Ballpark Ventures, Base10 Partners, DN Capital, Gruppo Uvet, Kibo Ventures, Simile Venture Partners, and Uncork Capital.
The firm has completed 2 deals to date. Blink Booking Limited operates an online platform designed for efficient hotel bookings, providing users with quick access to a variety of lodging options. The platform is built to facilitate quick reservations, making it user-friendly while streamlining the booking process. Blink Booking Limited focuses on enhancing customer satisfaction through its advanced technology and responsive service, ensuring that travelers can easily find and secure accommodations that fit their needs.
Blink Booking Limited earns revenue primarily through transaction fees associated with hotel bookings. Users pay for hotel reservations made through the platform, which generates income based on the volume of bookings processed. The operational model is structured around customer engagement in making bookings via the platform, ensuring a consistent revenue stream from active users. Blink Booking Limited is looking to expand its offerings by developing new product features aimed at improving user experience and increasing booking frequency.
The company is also targeting geographical expansion into additional European markets by the end of 2024, leveraging its recent funding to enhance marketing efforts and technology development. The funding received in September 2013 will be utilized to support these growth initiatives, allowing Blink Booking Limited to strengthen its presence in the competitive online travel booking market.
Current Investors
Groupon Inc.
Primary Industry
Travel & Leisure
Sub Industries
Search Engines
Website
www.blinkbooking.com
Verticals
E-commerce, Mobile Apps
Company Stage
Add-on
Total Amount Raised
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