Stayway Inc.

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Stayway Inc. - overview

Established

2017

Location

Osaka-shi, Osaka, Japan

Primary Industry

Software

About

Stayway Inc. , located in Japan, specializes in providing innovative travel and accommodation solutions through a digital platform that connects users with various lodging options, enhancing the overall experience for travelers and property owners. Stayway Inc. operates a digital platform that facilitates connections between travelers and a variety of accommodations, including hotels and vacation rentals.


Founded in 2017 in Osaka-shi, Japan, the company has undergone strategic development since its inception. It was founded by Deepak Bhatkhore and Rohit Pingale, with Jun Sato serving as the CEO. Since its formation, Stayway has successfully completed 6 deals, with the most recent funding round being a Series B, where it raised JPY 76 million on July 1, 2024, from investors including Mizuho Capital, Nippon Venture Capital, and UT Founder's Association. The total amount raised by Stayway to date stands at JPY 76 million, with a current company valuation of JPY 2,260.


88 million. Stayway provides a range of travel and accommodation solutions aimed at improving user experience for travelers and property owners. The company's platform connects users with diverse lodging options, such as traditional hotels and unique vacation rentals, allowing for easy browsing and booking. Stayway addresses various end use cases, including simplifying travel planning, offering personalized accommodation suggestions, and enhancing customer experiences during stays.


Its services cater to individual travelers, families, and corporate clients, primarily in major metropolitan areas across Asia while also targeting specific markets in Europe and North America for future expansion. Stayway generates revenue through a commission-based model, earning a percentage from property owners for each successful booking made via its platform. The company partners with various accommodation providers to ensure a broad inventory of listings appealing to a wide audience. Additionally, Stayway may provide subscription plans for property owners to enhance their visibility and marketing on the platform.


The pricing structure is designed to be competitive for both short-term and long-term stays, optimizing revenue potential and client satisfaction. Stayway plans to utilize the recent Series B funding of JPY 76 million to strengthen its recruitment efforts as part of its growth strategy. The company aims to launch new products designed to enhance user engagement and streamline booking processes. Furthermore, Stayway is targeting expansion into additional markets across Europe and North America within the next 12 months.


This growth initiative is part of a broader strategy that includes plans for a larger JPY 250 million equity and debt financing.


Current Investors

Voyage Ventures, Airtrip Corp., Vector

Primary Industry

Software

Sub Industries

Consulting Services, Government, Sales & Marketing Software, Customer Relationship Management

Website

https://stayway.co.jp

Verticals

AdTech, Artificial Intelligence, Cloud Computing

Company Stage

Series B

Total Amount Raised

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Stayway Inc. - employee data

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