HundredRooms S.L

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HundredRooms S.L - overview

Established

2014

Location

Palma de Mallorca, Balearic Islands, Spain

Primary Industry

Internet

About

Based in Spain, HundredRooms S. L operates as a vacation rental comparison platform, streamlining the search for accommodations by aggregating options from leading booking partners for travelers. Founded in 2014 in Palma de Mallorca, Spain, HundredRooms S. L specializes in vacation rentals and rural home comparisons.


The company has received a total of 3 deals, with the most recent deal occurring on March 27, 2017. During this round, the company raised EUR 4 million in funding led by Seaya Ventures, with participation from ATRESMEDIA, Ad4Ventures, Bankinter Capital Riesgo, Inveready Asset Management, and Media Digital Ventures. The founder's history is not specified, and there is no information regarding subsidiaries or parent companies. HundredRooms specializes in providing a comprehensive platform for vacation rentals and rural homes, allowing users to compare prices and options from various booking partners, including well-known entities such as Booking.


com, Airbnb, and HomeAway. The service aggregates listings across multiple providers to deliver the best available prices to users. Targeted primarily at travelers seeking flexibility and cost-effectiveness, the platform caters to families, couples, and groups of friends. Its extensive inventory of over 6.


8 million accommodations spans prominent global destinations including New York, London, Paris, Barcelona, and Madrid, as well as regional locations throughout Spain, like Andorra and Granada. By enabling users to filter searches based on specific needs, such as the number of rooms, amenities, and pet-friendly options, HundredRooms addresses common pain points in the vacation rental experience, ensuring customers can find suitable places to stay that meet their preferences. In 2017, HundredRooms reported a revenue of EUR 2,292,572. 30, along with an EBITDA of EUR -4,489,949.


60. The company earns revenue primarily through commission-based transactions facilitated through partnerships with various accommodation providers, directing users to book through these channels and receiving a percentage of each transaction. This model benefits both individual travelers and property owners who list their accommodations on the platform. In March 2017, HundredRooms secured EUR 4 million in venture financing led by Seaya Ventures, aimed at supporting expansion efforts.


The company plans to enhance its platform with new features and tools designed to improve user experience and engagement. Additionally, there are intentions to expand into new markets, potentially targeting regions with high vacation rental demand, although specific markets have not been disclosed. The funding will be instrumental in driving these initiatives forward.


Current Investors

Bankinter Capital Riesgo, Inveready Asset Management, Seaya Ventures

Primary Industry

Internet

Sub Industries

Hotels & Accommodations, Travel & Tourism, Search Engines, IT Infrastructure

Website

www.hundredrooms.com

Verticals

E-commerce

Company Stage

Series A

Total Amount Raised

Subscriber access only

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