Godo
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Godo - overview
Established
2012
Location
Reykjavik, -, Iceland
Primary Industry
Travel & Leisure
About
Based in Iceland, Godo provides a robust hospitality software solution, specifically designed to enhance hotel management operations across various scales, from small boutiques to large hotel chains. Founded in 2012, Godo is located in Reykjavik, Iceland, and specializes in hospitality software solutions. The company has not undergone any significant pivots or changes in its business strategy since inception. Godo has a focus on providing comprehensive management tools for hotels, supporting operations for over 2,000 clients globally.
The latest deal for Godo was on June 18, 2025, when it was acquired by Visit Group International AB, a portfolio company of PSG Equity, although specific financial terms were not disclosed. The company's founder's previous history is not detailed in the available information. Godo is a comprehensive hotel management system that offers a robust suite of products designed to optimize hotel operations. The core offering includes a property management system (PMS) that streamlines front desk operations, reservations, and guest communications, enabling hotels to manage daily activities efficiently.
Godo’s system serves over 2,000 hotels worldwide, accommodating both small boutique hotels and large hospitality groups. Key features include customizable workflows, integration capabilities with third-party services, and advanced analytics tools that assist hotel operators in making informed decisions, enhancing user experience in markets such as North America, Europe, and Asia. Godo's revenue model primarily revolves around subscription-based pricing for its services, which include tiered pricing plans like the Basic, Advanced, and Growth plans. These plans offer varying levels of functionality for hotel operators to choose based on their operational needs.
Customers typically engage in annual or monthly subscriptions, ensuring ongoing access to the PMS and features. The company also develops strategic partnerships that enhance service offerings, contributing to additional revenue streams, with specific pricing structured to reflect the range of features provided. Godo's acquisition by Visit Group International AB is expected to enhance its service offerings and market presence, broadening its resources and business development capabilities. The rationale behind this acquisition indicates a strategic move to expand Godo's operations and reach in the hospitality sector.
While specific upcoming product launches or geographic expansions were not detailed, the new ownership structure is anticipated to support growth initiatives in the hospitality management software market.
Current Investors
Visit Group International AB
Primary Industry
Travel & Leisure
Sub Industries
Hotels & Accommodations, Travel & Tourism, Application Integration Software
Website
www.godo.is
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Godo - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 9,747,189 | 32,191,080 | 88,297,822,000 | 187,870,960 | 251,765,075 | 238,381,034 | - | - | - |
| % Revenue Growth (YoY) | - | - | 230.3% | 274192.8% | (99.8%) | 34.0% | (5.3%) | - | - | - |
| EBITDA (USD) | (1,526,227) | (2,954,538) | - | (7,114,506,000) | 15,964,220 | (8,902,765) | 22,818,946 | - | - | - |
| Operating Income (USD) | (1,526,227) | (2,954,538) | - | (7,114,506,000) | 15,964,220 | (8,902,765) | 22,818,946 | - | - | - |
| Operating Margin | - | (30.3%) | - | (8.1%) | 8.5% | (3.5%) | 9.6% | - | - | - |
| % EBITDA Margin | - | (30.3%) | - | (8.1%) | 8.5% | (3.5%) | 9.6% | - | - | - |
| NET Income (USD) | (1,531,102) | (3,525,483) | 1,662,031 | 3,540,317,000 | 21,922,532 | 1,411,146 | 28,815,674 | - | - | - |
| % Net Margin | - | (36.2%) | 5.2% | 4.0% | 11.7% | 0.6% | 12.1% | - | - | - |
Godo - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Godo | - |
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