Hotelmize Ltd.
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Hotelmize Ltd. - overview
Established
2016
Location
Tel Aviv-Yafo, -, Israel
Primary Industry
Software
About
Hotelmize Ltd. is an Israeli technology firm specializing in optimization solutions for the travel industry, enhancing profitability for travel companies through innovative data analytics and AI-driven tools. Founded in 2016 and headquartered in Tel Aviv-Yafo, Israel, Hotelmize Ltd. focuses on offering solutions for travel businesses.
The company has successfully raised a total of USD 12. 00 mn across its funding rounds, with the latest, Series B, completed on January 11, 2023, led by investor Flashpoint. Dor Krubiner serves as the CEO and one of the co-founders alongside Erez Damoch and Omry Litvak. Hotelmize offers a suite of technology-driven products designed to enhance profitability for travel companies.
Their core offerings include the Business Optimization Suite and the Fintech Optimization Suite, which utilize artificial intelligence and data analytics to maximize client potential. These products help travel companies optimize their booking processes, improve purchasing capabilities, and standardize data across various sales and supply channels. Mize’s solutions are tailored for a diverse client base, including hotels, tour operators, and fintech companies, aiming to elevate customer experiences and drive revenue growth. Their products are particularly focused on markets in North America, Europe, and Asia, addressing the unique needs of travelers and businesses in these regions.
Hotelmize generates revenue through strategic partnerships and B2B relationships with its clients in the travel sector. The company’s business model is centered around providing its optimization suites as subscription-based services, where clients pay for access to the comprehensive tools that enhance their operational efficiency and profitability. Revenue is driven by the value added to client bookings, with the potential for increased profit margins as a result of utilizing Hotelmize's offerings. Specific pricing plans and transaction structures for individual products are designed to align with the scale and needs of each client, ensuring a tailored approach to revenue generation that reflects the unique challenges and opportunities in the travel industry.
In January 2023, Hotelmize Ltd. raised USD 12. 00 mn in Series B funding led by Flashpoint VC, which will be utilized to support business growth and accelerate product development. The company is focused on launching new products designed to further enhance its offerings, with planned expansions into new markets, particularly in emerging regions throughout Europe and Asia by the end of 2024.
Current Investors
Investible, Alibaba Entrepreneurs Fund, Brilliance Ventures
Primary Industry
Software
Sub Industries
Hotels & Accommodations, Web Applications, Sales & Marketing Software, Application Integration Software, Analytics & Performance Software
Website
www.hotelmize.com
Verticals
Artificial Intelligence, Big Data, Cloud Computing, FinTech
Company Stage
Series B
Total Amount Raised
Subscriber access only

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