Hotel Selfbook $25M Tiger Global and $125M, a leading online hotel booking platform, recently announced that it has raised a total of $150 million in funding. The financing round was led by a $25 million investment from Tiger Global, with the remainder of the capital coming from other investors. The funding will be used to accelerate Hotel Selfbook’s growth, as well as invest in new technologies and expand its product offering.
Overview of Hotel Selfbook
Hotel Selfbook is an online hotel booking platform that enables its customers to book their hotel rooms directly from the hotel’s website. The company has been in business since 2014 and has seen tremendous growth since then. It has quickly become one of the leading online hotel booking platforms in the United States, with customers from all corners of the world. The company has a strong presence in the United States, Europe, Asia, and the Middle East.
Investment from Tiger Global
Tiger Global Management is an investment firm based in New York City. The firm has a long history of investing in technology companies, including well-known companies such as LinkedIn, Uber, and Dropbox. The firm’s investment in Hotel Selfbook was part of a larger $25 million funding round. This investment was made to help Hotel Selfbook accelerate its growth and expand its product offering.
Other Investors’ Contributions
In addition to Tiger Global’s $25 million investment, Hotel Selfbook also raised an additional $125 million from other investors. These investors include well-known venture capital firms such as General Catalyst and Andreessen Horowitz. The capital raised from these investors will also be used to help Hotel Selfbook accelerate its growth and further develop its product offering.
Uses of the Fundraising
Hotel Selfbook $25M Tiger Global and $125M plans to use the $150 million in funding to accelerate its growth and invest in new technologies. The company plans to use the funds to expand its product offering, invest in new technologies, and hire additional staff to support its growth. In addition, the funds will also be used to expand Hotel Selfbook’s presence in new markets, as well as to develop new partnerships with hotels and other travel-related companies.
Conclusion
Hotel Selfbook has raised a total of $150 million in funding. The financing round was led by a $25 million investment from Tiger Global, with the remainder of the capital coming from other investors such as General Catalyst and Andreessen Horowitz. The funds will be used to accelerate Hotel Selfbook’s growth, invest in new technologies, and expand its product offering.
