Hotelogix
E-66, Sector-6, Noida, Uttar Pradesh, 201301, India
Overview
Hotelogix is a cloud-based hotel property management solutions provider. The company, based in India, announced on Monday that it has raised $5 million. The round was led by Vertex Ventures. Early investors Accel Partners and Saama Capital also participated in the financing. The article does not disclose revenue, user metrics, valuation, or future plans. Hotelogix, owned by Noida-based HMS Infotech Pvt Ltd and founded in 2008 by Prabhash Bhatnagar and Aditya Sanghi, offers a unified SaaS property management system covering front-desk, housekeeping and restaurant operations. It targets budget and mid-market hotels as well as chains, motels, resorts, boutique hotels, service apartments, bed-and-breakfasts and hostels. The product integrates with travel agent networks and external booking sites to provide wider inventory distribution and real-time integration with partner sites and central reservation systems. Hotelogix reports its product is used in over 75 countries, including the US, the UK, Mexico, Spain, Australia and several Asian markets. Management has sought capital to expand in overseas markets and to scale up product offerings. Proceeds from the latest round are earmarked to create awareness, drive adoption of cloud PMS technology and increase the company’s user base. Hotelogix is a cloud SaaS platform designed to help small and mid-size hotel properties manage core operations. Its end-to-end solution covers front-desk operations, housekeeping, restaurant management and other property workflows. The product is positioned for worldwide use by smaller hospitality operators seeking simplified operations. The company was founded in 2008 and is presented as Hotelogix (by HMS Infotech), led by CEO Aditya Sanghi and founded by Prabhash Bhatnagar. Hotelogix recently closed a financing and intends to use the capital to expand globally, with a focus on North and South American markets. The raise reflects an early-stage funding step to support its international growth plans.
- Total raised
- $8M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Mar 2018
Industries
- Enterprise Software
- Hospitality
- SaaS
- Software
- Travel
Recent funding
Equity
Mar 2018
$5M
Equity
Nov 2014
$2M
Equity
Apr 2012
$1M