Guestmob is an online website that allows users to book and find price deals on hotels similar in location, rating and quality.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: San Mateo
State: California
Zip:
Country: United States
Guestmob is a next generation discount hotel booking platform. One of Guestmob&s;s innovation is offering customers the ability to book clusters of hotels that are equivalent in location, quality, ratings, at prices significantly lower than the published rates of each of these hotels. These discounted prices are determined via a learning algorithm that anticipate how much a hotel is likely to discount. Customers are guaranteed a room at one of the top hotels selected in the collection, and these rooms are secured via last minute mob auctions, where hotels sell in bulk the rooms they expect to stay empty.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2011 | Seed Round | 5 | $800k |
Brian Koo Eric Chen Fabrice Grinda Jose Marin Rainfall Ventures Brian Koo Eric Chen Fabrice Grinda Jose Marin Rainfall Ventures |
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