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Overview
Roomex is the world’s only business-focused corporate hotel booking platform. It addresses a market with enormous potential because hotel booking is a major unmanaged spend category for most small and medium-sized companies. Roomex brings that spend under management, saving them on hotel expenses and administrative effort.
Company details
Roomex is 100% focused on meeting the needs of businesses that do not have managed travel programmes and are under-served by the larger travel management companies and agencies. This is a market with enormous potential as hotels represent one of the largest unmanaged spend categories in many organisations.
Roomex makes it easy for these organisations to drive down the costs of corporate hotel booking, ensure compliance with regulatory and company standards, and empower the individual business traveller. Roomex connects to every hotel in the world, all bookable without fees or contracts. It constantly searches all hotel booking websites to find the best available deals, delivering average savings of 21%.
Roomex currently has 55 employees and serves 1,000 customers. More than one million hotel bookings have been made via Roomex.
Roomex uses artificial intelligence to turn the world’s hotel information into accessible, actionable, business knowledge on demand through portals personalised for each customer.
Roomex uses machine learning to track price movements and other variables in the hotel market. Predictive analysis then enables customers to reduce costs.
Roomex also gives customers complete visibility over hotel spend with customised reports and dashboards.
About
Software, Web Development, Travel
2006
51-100
Headquarters locations
Europe
Social
N/A
Profile Resume
Roomex headquartered in Europe, operates in the Software, Web Development, Travel sector. The company focuses on Software and has secured $312.7M in funding across 24 round(s). With a team of 51-100 employees, Roomex is actively contributing to advancements in Software. Their latest funding round, Series A - Roomex, raised $3.9M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
2
3
0
$13.0M
Details
2
Roomex has raised a total of $13.0M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2018 | Early Stage Venture | 9.1M | ||
2016 | Early Stage Venture | 3.9M |
Investors
Roomex is funded by 9 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Frontline Ventures | - | FUNDING ROUND - Frontline Ventures | 3.9M |
Paddy Holahan | - | FUNDING ROUND - Paddy Holahan | 3.9M |
Roomex | - | FUNDING ROUND - Roomex | 3.9M |
Bobby Healy | - | FUNDING ROUND - Bobby Healy | 3.9M |
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