Marketboomer is a proptech company offering a cloud-based B2B eProcurement SaaS platform and online procurement marketplace for hospitality. Its platform is used by hotels and travel companies including IHG, Accor, Marriott, Capella, and Qantas. Headquartered in Sydney with offices across Asia, Marketboomer operates in 23 countries and serves over 10,000 monthly buyers and 20,000 suppliers. The company was founded in 1995. Marketboomer will use the funding to expand in the Australian market and pursue growth initiatives in Southeast Asia and the UK. The $4.9M raise is intended to support those expansion plans.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2024