Bidroom

Bidroom

First membership-based marketplace for travel lovers, where hotels can keep both their control and their money.

Founded 2014

The Netherlands 7 employees Series A Total: $21.00M Entertainment, Hospitality +1

Bidroom is a hospitality startup founded in 2014 and headquartered in The Netherlands. The company's slogan, "First membership-based marketplace for travel lovers, where hotels can keep both their control and their money," encapsulates its unique value proposition. Bidroom offers hoteliers a low distribution fee while providing members with better deals on over 3,000,000 hotel rooms globally. The company has disrupted the traditional commission-based model by introducing a more flexible approach. Hoteliers can choose between a 6% fixed distribution fee or an annual membership fee, allowing them to maintain control over their pricing and customer data. Bidroom empowers hotels to set their discount levels and determine complimentary perks for members, providing a customizable and transparent platform for both parties. In terms of funding, Bidroom secured a €15.00M Series A investment on 22 November 2018. Although the specific investors for this round are not provided, this investment signifies the confidence of stakeholders in the company's innovative approach to the hospitality industry. Overall, Bidroom's disruptive business model and successful fundraising efforts position it as a promising player in the travel and hospitality space. By prioritizing transparency, control, and mutual benefits for hotels and travelers, Bidroom has the potential to continue revolutionizing the way accommodations are booked and managed globally.

Funding Stage	Amount	Investors	Date
Series A	€15.00M	-	22 Nov 2018
Private Equity Round	€5.00M	-	12 Sep 2017
Seed Round	€1.00M	-	23 Jun 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

€15.00M

22 Nov 2018

Private Equity Round

€5.00M

12 Sep 2017

Seed Round

€1.00M

23 Jun 2016

FAQ About Bidroom

First membership-based marketplace for travel lovers, where hotels can keep both their control and their money.

Bidroom was founded in 2014.

Bidroom is headquartered in The Netherlands.

Bidroom operates in Entertainment, Hospitality and Travel and Tourism. Its work centres on membership-based marketplace, travel industry, hoteliers and distribution fee.

Bidroom has approximately 7 employees.

Bidroom has completed 3 funding rounds, raising a total of $21.00M. The latest funding stage is Series A.

Top alternatives and competitors to Bidroom include OYO, Sonesta Hotels, Homestay.com, OneDine, JUPE. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Bidroom and OYO are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (3)

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FAQ About Bidroom