Tech Company Financing Transactions

HotelTonight Funding Round

Accel Partners, Aspect Ventures and Battery Ventures participated in a $37 million Series E funding round for HotelTonight. The financing was announced on 3/23/2017.

Transaction Overview

Company Name
HotelTonight
Announced On
3/23/2017
Transaction Type
Venture Equity
Amount
$37,000,000
Round
Series E
Investors

Accel Partners (Lead Investor) (Theresia Gouw)

Aspect Ventures

Battery Ventures (Brian O'Malley)

First Round Capital (Kent Goldman)

Founder's Co-op

GGV Capital (Jeffrey Richards)

U.S. Venture Partners (Richard Lewis)

Proceeds Purpose
HotelTonight said today it plans to use the new funding for working capital as it continues to grow, noting it took more than $300M in gross booking volume and recorded more than 100 percent year over year revenue growth.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
901 Market St. 310
San Francisco, CA 94103
USA
Phone
(800) 208-2949
Website
www.hoteltonight.com
Email Address
[email protected]
Overview
Amazing last-minute deals at top-rated hotels. Book Tonight, Tomorrow or 7 Days Out.
Profile
HotelTonight LinkedIn Company Profile
Social Media
HotelTonight Company Twitter Account
Company News
HotelTonight News
Facebook
HotelTonight on Facebook
YouTube
HotelTonight on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sam Shank
  Sam Shank LinkedIn Profile  Sam Shank Twitter Account  Sam Shank News  Sam Shank on Facebook
Chief Financial Officer
Tony Grimminck
  Tony Grimminck LinkedIn Profile  Tony Grimminck Twitter Account  Tony Grimminck News  Tony Grimminck on Facebook
Chief Marketing Officer
Ray Elias
  Ray Elias LinkedIn Profile  Ray Elias Twitter Account  Ray Elias News  Ray Elias on Facebook
Chief Technical Officer
Sam MacDonnell
  Sam MacDonnell LinkedIn Profile  Sam MacDonnell Twitter Account  Sam MacDonnell News  Sam MacDonnell on Facebook
Co-Founder
Chris Bailey
  Chris Bailey LinkedIn Profile  Chris Bailey Twitter Account  Chris Bailey News  Chris Bailey on Facebook
Vice President
Amir Segall
  Amir Segall LinkedIn Profile  Amir Segall Twitter Account  Amir Segall News  Amir Segall on Facebook
VP - General Counsel
Karen Klein
  Karen Klein LinkedIn Profile  Karen Klein Twitter Account  Karen Klein News  Karen Klein on Facebook

 

 

Browse more venture capital transactions:

Prev: 3/23/2017: BioClin Therapeutics venture capital transaction
Next: 3/23/2017: Autotalks venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 

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