Joliroom SAS

Joliroom SAS operates cozycozy, a vacation rental and hotel search comparison platform that aggregates diverse accommodation options for travelers, enabling them to find and compare listings efficiently. Founded in 2019 in Saint-Ouen, France, Joliroom SAS operates cozycozy, a platform designed to streamline the search for vacation rentals and hotels. The founders, Jeremie Murat, Romain Claudel, and Örs Szathmáry, previously founded several ventures and have established a global footprint with offices in key markets. As of August 2023, the company raised EUR 1.

5 million in a funding round, bringing total funding to EUR 1. 5 million with a current valuation of EUR 15. 253 mn. cozycozy serves as a comprehensive vacation rental and hotel search comparison platform, specializing in aggregating a wide variety of accommodations, including hotels, apartments, villas, and unique lodging options like yurts and treehouses.

By comparing listings from different merchants in real time, users can save time and money, viewing the best rates inclusive of all taxes and fees. The platform caters to leisure travelers looking for diverse accommodations globally, including popular destinations in the United States, Canada, Europe, and the Caribbean, as well as unique lodging experiences in locations such as Thailand, Mexico, and the United Kingdom. In the most recent year, 2022, cozycozy reported a revenue of EUR 542,181. 60 and an EBITDA of EUR 277,651.

80. The company generates revenue primarily through affiliate commissions from partner sites, facilitating bookings through its search engine without managing reservations directly, thereby providing a free service to users. Following the recent EUR 1. 5 million funding raised in August 2023, Joliroom SAS plans to enhance its platform with new features and expand its market reach.

The company is aiming to roll out upgrades designed to improve user experience in the upcoming quarters and is focusing on entering new geographic regions, targeting markets across Europe and Asia by late 2024. This funding will enable Joliroom to enhance its technological infrastructure and marketing efforts to support these growth initiatives.