Transparent Intelligence, Inc.
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Transparent Intelligence, Inc. - overview
Established
2016
Location
Madrid, -, Spain
Primary Industry
Software
About
Transparent Intelligence, Inc. is a data-driven company specializing in advanced hotel revenue management solutions that empower the travel and hospitality industry with actionable insights and analytics. Founded in 2016 and headquartered in Madrid, Spain, Transparent Intelligence, Inc. provides innovative revenue optimization tools for the hospitality sector.
The company was recently involved in a transaction where OTA Insight Ltd acquired it from JetBlue Technology Ventures and K Fund in March 2022, allowing a strategic realignment within the industry. Steve Patterson is the founder, who has extensive experience in hospitality technology, while Pierre Becerril currently serves as the CEO. The company has successfully secured funding amounting to EUR 2. 30 mn in the latest round led by JetBlue Technology Ventures, contributing to a total amount raised of EUR 2.
30 mn across three deals. Transparent Intelligence, Inc. offers a comprehensive suite of advanced hotel revenue management solutions, including Market Insight, Rate Insight, Business Intelligence, Benchmark Insight, Distribution Insight, and Parity Insight. These products support clients in predicting market demand, tracking competitor pricing, and optimizing distribution channels.
The company's tools cater to independent hotels and larger chains, providing tailored analytics that enable data-driven decision-making for over 70,000 hotels globally, particularly in North America, Europe, and Asia-Pacific. In the most recent fiscal year of 2023, Transparent Intelligence, Inc. generated revenue of EUR 4,367,520. 80, with an EBITDA of EUR -344,590.
60. The company operates on a subscription-based revenue model, offering its services through annual contracts that allow clients to access a full spectrum of tools and analytics for effective revenue management. Transparent Intelligence, Inc. plans to expand its product offerings and geographic reach in the coming years.
The company aims to develop and launch new products designed to enhance analytics capabilities and improve client outcomes. Additionally, the company is targeting new markets in the Asia-Pacific region by 2024, bolstered by its recent funding of EUR 2. 30 mn, which will be used to support product development and market entry strategies. The acquisition by OTA Insight Ltd is expected to provide enhanced data and business intelligence solutions for hotels and rental properties, further solidifying its market presence.
Current Investors
Kima Ventures, Highgate Ventures, Kanoar Ventures
Primary Industry
Software
Sub Industries
Travel & Tourism, Systems Management Software, Analytics & Performance Software
Website
www.seetransparent.com
Company Stage
Add-on
Total Amount Raised
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Transparent Intelligence, Inc. - timeline of key events
Transparent Intelligence, Inc. - employee data
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