Revinate raises $12.99M in Series C

What does Revinate do?

Revinate, is the SaaS company which helps hotels in reinventing the guest experience. It is an enterprise grade cloud based software as a service platform which is sold on a monthly subscription basis to the hospitality companies. This platform helps the hotels in improving the guest experience before the stay, during and after the stay, with innovative mobile apps and services for engaging with guests and collecting and analyzing feedback from the guests. The company helps over 23,000 of the best hotels in the world and hospitality brands increase their revenue, building good relationships and driving loyalty.

How much Reinvate was funded?

The company raised $12.99M in Series C on June 30, 2016 from Industry Ventures, GC Hotel Tech, Tao Capital Partners, Formation 8, Northgate Capital,  Benchmark, Tenaya Capital and Sozo Ventures.

Previous funding

$200k in undisclosed on October 21, 2009

$500k in undisclosed round on April 14, 2010

$14.5M in Series A on July 25, 2012 from Formation 8 and Benchmark

$15.34M in Series B on February 2, 2015 from Tenaya Capital, Industry Ventures, Northgate Capital, Formation 8, Benchmark and Tao Capital Partners.

What is next for Reinvate?

Reinvate has exceeded 30,000 hotel customer across a hundred countries, helping hotels increase guest satisfaction and learning more about their guest for increasing its additional revenue. The company plans to use the latest funding raised for accelerating its product development and keeping pace with strong customer demands which prioritizes guest data and knowledge for increasing more loyalty and revenue. The company has announced the promotion of Karen Stephens to VP of Professional Services for focusing on increasing success amongst its swiftly growing customer base.

More about Revinate 

The company was founded in 2009 by Marc Heyneker and Jay Ashton. It has its headquarters in San Francisco, CA.