Hotelmize is an Israeli travel-tech startup that uses AI to optimise hotel pricing and booking for travel companies. Its technology monitors hotel room price fluctuations from reservation through the vacation date and algorithmically 'trades' rooms. The system is based on investment strategies used in global capital markets and is designed to generate additional profit for travel industry players. The company says it has handled over $2 billion in reservations and created over $100 million in value for the tourism industry. Founded in 2016, Hotelmize employs more than 20 people at its Tel Aviv headquarters and maintains sales offices in London, Bangkok, Buenos Aires, and Mallorca. It has opened a new APAC headquarters in Hong Kong to serve as a gateway for regional expansion. Hotelmize provides a machine learning-powered trading platform for hotel room resellers that enhances yield from existing sales by improving industry-standard purchasing processes. The platform leverages big data technology and machine learning to build price prediction and efficiency algorithms that enable clients to maximize profits. Founded in 2015 and based in London, the company currently has a team of 15. Hotelmize will use its latest funding to expand operations globally and improve product and data insight. The company recently raised $3.8M from Australian firm Investible.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2018