Hotel Engine Raises $65M in Series B; at $1.3 Billion Valuation
Summary
The round was led by Telescope Partners with participation from Blackstone. The company intends to use the funds to expand operations and its business reach. Led by Elia Wallen, founder and CEO, Hotel Engine provides a Lodging Performance Network which aims to create a rewarding business travel experience by connecting a global network of businesses and lodging partners. The collective power of the network delivers savings, convenience and choice to business travelers, while driving business to lodging partners. Hotel Engine is used by 550,000+ individual members across 40,000+ businesses and 700,000 hotels in 185+ countries.
Funding
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