Otamiser, a Ghent, Belgium-based startup provider of ranking management solutions for the hospitality industry, raised $3 million in funding.
Investors
The round was led by Pitchdrive VC, represented by notable investors Wim Derkinderen, Boris Bogaert, and Koen Christiaens. The round also saw participation from a diverse group of investors including Stijn Christiaens, Jacob Quartier, Peter van Praet, Viktor De Martealere, Lorenz Bogaert, Jorn Vanysacker, Gilles Mattelin, and Anthony and Gregory De Clerck.
Founded in 2018, Pitchdrive is a venture capital investment firm based in Antwerp, Belgium. The firm prefers to invest in business-to-business (B2B) software-as-a-service (SaaS), marketplaces, e-commerce, and software-driven hardware sectors.
Otamiser Use of Funds
The company will use the funds to expand globally and enhance its technological capabilities.
About Otamiser
Founded in 2022 by Bart-Jan Leyts and Korneel Defauw, Otamiser provides ranking management solutions for the hospitality industry. By leveraging an advanced algorithm, Otamiser enhances search result rankings on platforms like Booking.com, Expedia, and Airbnb. Its mission is to transform the global hotel and Airbnb industry, empowering owners and ensuring they achieve profit through advanced technology. Currently, the company facilitates 50,000 reservations weekly.
Funding Details
Company: Otamiser
Raised: $3.0M
Round: Unknown
Funding Month: June 2024
Lead Investors: Pitchdrive VC
Additional Investors: Stijn Christiaens, Jacob Quartier, Peter van Praet, Viktor De Martealere, Lorenz Bogaert, Jorn Vanysacker, Gilles Mattelin, Anthony and Gregory De Clerck
Company Website: https://www.otamiser.com/
Software Category: Ranking Management
Source: https://siliconcanals.com/ghent-based-otamiser-secures-2-7m-in-funding/