Startup Lab
Moscow, Moscow City, Russian Federation
Overview
Startup Lab Russia is a pre-seed/early seed venture capital fund. Startup Lab Russia invests in projects in the early stages and helps them grow, build a network of contacts, scale sales channels, optimize the business model and internal processes with leading experts, and then enter international markets.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Business Development
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Hotellab
Led · Equity · Jun 2021
Hotellab develops an AI system that dynamically sets hotel booking prices in real time by analyzing market factors such as guest flows, demand elasticity, and weather. The company says its technology can raise hotel revenue by 12–20% without capital spending on marketing or changes to sales structure. Hotellab charges hotels a quarterly subscription for access to the system; its revenue has grown 500% since June 2020. The product is used by international clients including Marriott and Lotte and is deployed in Turkey, Croatia, and Estonia. The team reports month-to-month growth of 10–20%. The company plans to strengthen its position in Europe and expand into Africa and the Middle East.