JustBook
Providing information and offers on hotels located in various cities.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
JustBook, operating as JBM JustBook Mobile GmbH, was a Berlin-based technology firm specializing in the travel sector. The company was established in 2012 by a team that included Stefan Menden, Ognjen Zeric, and Sebastian Fallert. Stefan Menden, a serial entrepreneur with a background in business management and strategy consulting, had previously founded several tech companies since 1999. Ognjen Zeric brought experience from the airline industry, having held roles in e-commerce and business development.
The firm developed a mobile and web platform focused on providing exclusive, last-minute hotel deals to its members. Initially concentrating on same-day bookings similar to the HotelTonight model, JustBook later expanded its offerings to cover hotels in over 120 cities across Europe and the United States. The business model centered on creating a distribution channel for unsold premium hotel inventory, targeting travelers seeking high-quality accommodations at discounted rates. By curating a selection of top-rated hotels, the company provided a valuable service for both hoteliers looking to increase occupancy and consumers looking for deals. The platform also integrated a loyalty component, allowing users to earn Lufthansa Miles & More miles with their bookings.
Financially, JustBook attracted venture capital, raising over 3 million euros from backers including Index Ventures and DN Capital. This investment fueled its product development and market expansion. In a significant milestone, the UK-based luxury travel company Secret Escapes acquired 100% of JustBook in January 2014. The acquisition was a strategic move for Secret Escapes to bolster its presence in Germany and leverage JustBook's mobile technology expertise. Following the acquisition, the JustBook founders and their 25-person team were integrated into Secret Escapes to manage the German business and lead the mobile strategy for the broader group.
Keywords: mobile hotel booking, last-minute travel deals, hotel distribution channel, travel tech, JBM JustBook Mobile, exclusive hotel deals, same-day booking app, luxury travel, Secret Escapes acquisition, Stefan Menden, Ognjen Zeric, Sebastian Fallert, European travel market, hotel inventory, mobile travel strategy, venture capital, Index Ventures, DN Capital, Lufthansa Miles & More