RoomPriceGenie
Sumpfstrasse 18, Steinhausen, Zug, 6312, Switzerland
Overview
RoomPriceGenie offers an automated revenue management system designed to ensure every room is priced correctly each day to increase bookings and maximize revenue. The platform emphasizes simplicity and efficacy and includes more than 65 integrations with top operational systems plus a newly launched OpenAPI PMS integration. The company serves roughly 3,000 hotel clients across 65 countries and employs nearly 100 people. RoomPriceGenie highlights rapid, efficient growth while maintaining profitability. Its product has earned multiple HotelTechAwards rankings, including second place for Best Revenue Management System and recognition as a top recommended hotel-technology solution. The company plans continued product innovation and broader international expansion supported by recent investment. RoomPriceGenie provides an automated pricing algorithm that monitors the market and automatically sets competitive room rates for independent hospitality businesses. Founded in 2017 and launched in 2019, the Swiss/German startup was created by Ari Andricopoulos based on personal experience running a bed & breakfast. The company serves over 500 independent hospitality businesses across 30 countries. Its product aims to make revenue management accessible to small and mid-size operators rather than focusing solely on large hotels. Management says automated pricing is becoming an essential, normalized part of hospitality operations. Financially, the firm raised $2.2 million in its latest round and has raised $3.3 million in total to date. RoomPriceGenie builds a dynamic pricing and hotel revenue-management platform that enables small and independent hotels to implement automated, data-driven pricing. The company launched its first software version in early 2019 and has already surpassed the 100-client mark. In a client study a random set of users increased revenue by over 20%, and the company says its technology can add up to CHF 75,000 in revenue per client annually. RoomPriceGenie plans to use new funding to expand and further develop its solution and to grow its portfolio of customers and partners. It reports demand from the US West Coast to Japan and is partnering with established hotel software companies to scale internationally. Financially, the Zug startup secured CHF 1M in external funding and earlier won CHF 40,000 from Venture Kick Stage 2; leadership includes CEO Ari Andricopoulos and CTO Jörg Siegel.
- Total raised
- $78M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Feb 2025
Industries
- Software
- Travel
Recent funding
Equity
Feb 2025
$75M
Equity
Aug 2021
$2M
Equity
Nov 2019
$1M