PriceMatch offers a revenue management platform for hotels that uses econometric algorithms to forecast demand and generate price recommendations. The platform ingests real-time Big Data including reservation history, competitors’ prices and e-reputation, flight prices for the same dates, calendar events and weather forecasts. It recommends what price to set and on which distribution channels (Booking.com, Expedia, branded website, tour operators, etc.) rooms should be sold for the coming nights and up to three months ahead. The product is used by 200 hotels in France and abroad. PriceMatch intends to use the new funding to further develop products and services domestically and internationally. The company was founded in January 2012 and is based in Paris, France.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2013