Chekin SL

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Chekin SL - overview

Established

2018

Location

Andalusia, Andalusia, Spain

Primary Industry

Software

About

Based in Spain, and founded in 2018 by Carlos Lagares, and Eric Sanchez, Chekin SL operates as a software company that offers guests a range of services including registration, identity verification, online payment, and booking of tourist accommodations. In March 2023, Chekin raised EUR 460,000 in venture funding led by Dozen Investments, with participation from Encomenda Smart Capital and JME Venture Capital. Chekin SL has developed a full system that covers all aspects of guest registration for tourist accommodations, making it very easy for third-party software providers such as startups, travel companies, hospitality software, and so on through two key features. It first ensures that local tourism regulations are followed throughout the European Union, and then it provides a set of APIs that streamline the entire guest registration process.


In addition, the firm is a provider of dependable software solutions that enables the digitalization of check-in and check-out, as well as all critical legal requirements in between. The company generates revenue by providing EUR 4 per month for essential and personalized plans.   The company plans to use the March 2023 funding to increase investment in marketing and sales, adapt the product to the hotel sector by creating new room assignments and onsite check-in tools, work on integrations with more than 20 PMS in the hotel vertical and improve the current product.


Current Investors

ESC Venture Capital, SouthUP Ventures, JME Ventures

Primary Industry

Software

Sub Industries

Hotels & Accommodations, e-Financial, Internet, Monitoring & Security Software, Application Integration Software, Accounting/Finance Software

Website

www.chekin.com

Verticals

Cloud Computing, FinTech, FinTech, Mobile Apps

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Chekin SL - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)46,900.8233,853.4---
% Revenue Growth (YoY)-398.6%---
EBITDA (USD)(146,931.2)(241,384.5)---
Operating Income (USD)(146,931.2)(241,633.6)---
Operating Margin(313.3%)(103.3%)---
% EBITDA Margin(313.3%)(103.2%)---
NET Income (USD)(116,309.5)(192,544.1)---
% Net Margin(248.0%)(82.3%)---

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