made its 12th investment in Israel and led $12M Series B Round in Hotelmize

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Summary

Flashpoint made its 12th investment in Israel and led $12M Series B Round in HotelmizeJanuary 11, Tel-Aviv Hotelmize, the leading travel optimization platform and re-pricing solution of the booking industry, has secured $12 million in series B funding, led by Flashpoint Venture Capital.The pandemic has accelerated demand for revenue-generating products and technologies in the industry to help travel companies recover from two years of the pandemic and leverage the market momentum. Hotelmize analyzes its partners reservations and optimizes their purchase rates, utilizing the companys proprietary AI predictive algorithm and room mapping technology. We welcome Hotelmize to the Flashpoint Family this is already our 12th investment in Israel over the last 6 years.About HotelmizeHotelmize presents the hotel booking industrys simplest and extremely sophisticated profit optimization solution. This unique, highly efficient solution gives hotel resellers a strategic ability to enhance yield from existing sales by improving their industry-standard purchasing processes, while delivering exceptional added value and customer service. The solution utilizes big data technology and machine learning techniques to build state-of-the-art price prediction and efficiency algorithms, enabling clients to maximize their profits.Flashpoint is an international investment group managing .

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Amount $12.0M Total raised
Date January 11, 2023 Announcement date
Investors - Lead investors
Company https://hotelmize.com/ Funded company

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