Katanox operates a travel accommodation distribution and fintech platform that brings together travel sellers (like TMCs) and accommodation providers to enable direct search, booking, payment and modifications. The platform aims to unlock the programmatic era for B2B distribution in hospitality and gives accommodation providers more control over listings and pricing. Katanox plans to introduce financial services such as price freeze, travel-now-pay-later and cancel/change fees as new revenue opportunities for partners. The company says it will further develop integrations with Central Reservation Systems (CRS), Property Management Systems (PMS) and Payment Service Providers (PSP). Proceeds from the recent funding will be used to expand internationally and support hiring across engineering, business development and sales. The founding team dates to 2019 and the team is distributed globally, with a base in Amsterdam and staff in cities including London, Paris, Istanbul, Los Angeles and Mexico City. Katanox develops a platform with scalable links for hotels' back-end systems so digital travel providers can sell hotel rooms directly via an API. The company aims to reduce travel providers' dependence on the OTA duopoly, GDSs and bedbanks and to lower the fragmented technical infrastructure barriers to entry. Hotels using Katanox maintain control over how rooms are offered while travel providers access up-to-date images, availability and pricing. Katanox provides a direct booking function to create transparent business relationships between hotels and digital travel providers. Founded in 2019 by Georgios Georgiadis, Imre Vogelezang and Mendel Senf, the company is based in Amsterdam. It recently received funding to develop its technology and to help accelerate recovery and growth in the travel industry.

Total raised

$6M

Funding rounds

2

Latest round

Equity

Latest activity

May 2022