BookingPal lands $12M round to boost vacation rental distribution platform | PhocusWire
Summary
The round was led by Valor Capital Group with Altabix and a “new strategic investor” also participating. The investment will go towards geographic expansion as well as the development of the company’s “advanced distribution technology and intelligent automation tools” according to a statement. BookingPal founder and chief executive Alex Aydin says: “Our growth is directly the result of the success our vacation rental property managers are experiencing. "Our strong focus on continuously enhancing our technology and services and delivering results for our clients is paying off. " The company received $5 million in a Series B round led by Thayer in early-2015.
Funding
Amount
$12.0M
Total raised
Date
March 4, 2019
Announcement date
Investors
PAR Capital Management, Thayer Ventures, Valor Capital Group
Lead investors
Company
https://bookingpal.com/en/
Funded company
Classifications
industries
Hospitality
applications
E-Commerce & Retail
AskAI Classifications
Labels
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