myDigitalOffice.com LLC
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myDigitalOffice.com LLC - overview
Established
2015
Location
Bethesda, MD, US
Primary Industry
Software
About
Based in the US, myDigitalOffice. com LLC operates in the hospitality sector, providing software solutions that enhance operational efficiency and streamline management processes for hotels and resorts. myDigitalOffice. com LLC specializes in hotel management solutions.
Founded in 2015 and headquartered in Bethesda, US, the company was acquired by Cove Hill Partners in January 2022. Ali Moloo serves as the CEO and has a background in technology startups. The company has engaged in 2 deals and raised a total of USD 4. 00 mn, with its latest funding being a Series A round led by FINTOP Capital and participated by Capital Now Inc.
myDigitalOffice. com LLC offers a comprehensive suite of hotel management software designed to improve operational efficiency in the hospitality sector. Their core products include back office automation tools, business intelligence solutions, and budgeting and forecasting systems. These tools aim to streamline operations and enhance profitability for hoteliers and operators across various property types.
With over 10,000 properties served globally, including significant markets in North America, Europe, and Asia Pacific, myDigitalOffice integrates with leading hotel technology providers to ensure centralized data management and real-time insights. The company generates revenue through subscription-based models for its software solutions, with clients paying recurring fees for access to various packages, including tools like DigiAudit, DigiPay, Rec, TruePlan, and IntelliSight. This B2B model allows hotels and hospitality brands to choose tailored packages that meet their operational needs, contributing to a steady revenue stream. With the recent investment from Cove Hill Partners, myDigitalOffice.
com LLC plans to bolster its growth through product innovation and development, enhancing its offerings and features on a global scale. The company is expected to expand into new markets and regions as part of its strategy, although specific target markets and timelines have not been disclosed. The funding from their latest Series A round will support these initiatives, enabling the company to further enhance its product suite and operational reach.
Current Investors
Cove Hill Partners
Primary Industry
Software
Sub Industries
Content Management Software, Analytics & Performance Software
Website
www.mydigitaloffice.com
Verticals
Artificial Intelligence, Cloud Computing, Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
myDigitalOffice.com LLC - 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 | Intouch Data Pty Ltd. | - | ||||||||
| Add-on | Completed | Focal Revenue Solutions, Inc. | - | ||||||||
| Secondary Buyout | Completed | myDigitalOffice.com LLC | - |
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