RoomPriceGenie, a Steinhausen, Switzerland-based provider of revenue management systems (RMS) for independent hotels and groups, has secured a $75 million investment.
Investor
The investment came from Five Elms Capital, a growth investor in software businesses that provides capital and resources to accelerate growth and solidify industry leadership. With $3 billion in assets and over 75 professionals, the firm has invested in 70+ software platforms globally.
RoomPriceGenie Use of Funds
The company will use the funding to accelerate global expansion and further enhance its platform.
About RoomPriceGenie
Founded in 2017, RoomPriceGenie provides automated revenue management solutions for independent hotels and hotel groups. The company’s platform offers automated pricing solutions to optimize revenue and manage room rates dynamically. With 65+ integrations with top operational systems, RoomPriceGenie empowers hotels to achieve their business and revenue goals through automated revenue management. RoomPriceGenie serves 3,000 hotel clients across 65 countries and groups of all types and sizes.
Funding Details
Company: RoomPriceGenie AG
Raised: $75.0M
Round: Unknown
Funding Date: February 2025
Lead Investor: Five Elms Capital
Company Website: https://www.roompricegenie.com/
Software Category: Revenue Management Systems
Source: https://roompricegenie.com/roompricegenie-announce-new-funding-and-ceo/