MeetingPackage
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MeetingPackage - overview
Established
2014
Location
Espoo, -, Finland
Primary Industry
Internet
About
Cocouz Oy Ltd. , based in Finland, operates MeetingPackage, a digital platform streamlining group bookings and event management. Their solutions enhance efficiency for clients in the hospitality sector, including hotels and corporate clients. Cocouz Oy Ltd.
, formed in 2014, specializes in managing group bookings and Meetings & Events (M&E) sales through its platform, MeetingPackage. The company is headquartered in Espoo, Finland. Joonas Ahola serves as both the Founder and CEO, bringing extensive experience in technology and service industries. In October 2023, Cocouz raised USD 4.
6 mn in Series A funding, led by Scale Capital, bringing the total amount raised to USD 4. 6 mn. The company has successfully completed 5 funding deals since inception. MeetingPackage specializes in providing an intuitive and automated solution for managing group bookings and Meetings & Events (M&E) sales.
Their core offerings include a Central Reservation System (CRS) specifically designed for M&E and group bookings, a Booking Engine that facilitates direct sales of M&E services from clients' websites, and an eProposal tool for modern proposal management. These products aim to streamline the booking process, enhance operational efficiency, and improve customer experience for hotels, meeting planners, and corporate clients. The company serves a diverse clientele, including hotel chains, independent hotels, and unique venues across various geographical markets such as North America, Europe, and the Asia-Pacific region. By integrating advanced features such as real-time availability, automated guest information collection, and comprehensive analytics, MeetingPackage addresses the challenges faced by businesses in the hospitality sector seeking to optimize their group booking processes.
In the most recent year, 2023, MeetingPackage reported a revenue of USD 1,761,644. 20 and an EBITDA of USD 270,961. 30. Their revenue model is primarily subscription-based, catering to hotels and venues to enhance their sales capabilities in the M&E space.
Clients subscribe to the Booking Engine and CRS, with potential additional fees for integration services and premium features, allowing clients to maximize their sales potential in a competitive market. In October 2023, MeetingPackage secured USD 4. 6 mn in Series A funding, led by Scale Capital, to support its product enhancements and expansion efforts. The company plans to launch new product offerings aimed at improving user experience and operational capabilities.
Additionally, MeetingPackage is targeting expansion into European and U. S. markets, with the intent to broaden its geographical presence and client base significantly.
Current Investors
Takeoff Partners, Falkensteiner Ventures, River Venture Partners
Primary Industry
Internet
Sub Industries
Travel & Tourism, Search Engines, Application Integration Software, Analytics & Performance Software
Website
www.meetingpackage.com
Verticals
Cloud Computing, E-commerce
Company Stage
Series A
Total Amount Raised
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