Roomex

Roomex

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Organization

Contact Information

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

Industries

Software, Web Development, Travel

Founded

2006

Employees

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.

Employees

imagePlace Karl Glennon

Karl Glennon

Co-Founder & CTO

imagePlace Paddy Holahan

Paddy Holahan

Chairman

imagePlace Garry Moroney

Garry Moroney

Chief Executive Officer

imagePlace Michael Steele

Michael Steele

Sales Director

imagePlace Mark Trimble

Mark Trimble

Customer Success Director

Funding Rounds

Funding rounds

2

Investors

3

Lead Investors

0

Total Funding Amount

$13.0M

Details

2

Roomex has raised a total of $13.0M in funding over 2 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2018Early Stage Venture9.1M
2016Early Stage Venture3.9M

Investors

Roomex is funded by 9 investors.

Investor NameLead InvestorFunding RoundPartners
Frontline Ventures-FUNDING ROUND - Frontline Ventures3.9M
Paddy Holahan-FUNDING ROUND - Paddy Holahan3.9M
Roomex-FUNDING ROUND - Roomex3.9M
Bobby Healy-FUNDING ROUND - Bobby Healy3.9M

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