
Metro Engine
AI-powered dynamic pricing and revenue management platform.
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N/A | JPY80.0m | Late VC | |
Total Funding | 000k |
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Metro Engine Inc. is a Japanese technology company that provides an AI-driven dynamic pricing platform for various industries, with a primary focus on hospitality. The company was founded in October 2016 by CEO Ryosuke Tanaka after it was spun off from JP Mobile Inc. Tanaka, a graduate of the University of Sydney with a background in finance and investment banking at institutions like Macquarie Capital and Wellington Management in London, established Metro Engine to pioneer solutions for real-time price optimization.
The firm's core product is the "Metro Engine" revenue management tool, which utilizes artificial intelligence and machine learning to analyze vast amounts of big data. This data includes competitor pricing, guest reservation behavior, event schedules, and customer reviews to forecast demand and recommend optimal prices for hotel rooms. The platform is designed to integrate with existing property management systems (PMS) and automate price adjustments on booking sites, thereby maximizing revenue and operational efficiency for clients. Beyond price recommendations, the service offers features such as market research tools, competitor analysis, and review management.
Initially focused on the hotel sector, Metro Engine has expanded its dynamic pricing solutions to other industries, including car rentals and express buses. One of its notable products is "Metro Conductor," a site controller for car rental companies that manages inventory and pricing. The company also operates "HotelBank," a media outlet specializing in the hotel industry, and "Monthly Hotel," a booking site for long-term stays.
Metro Engine has secured significant funding to fuel its growth, raising a total of $6.34 million over four rounds since 2016. Key investors include SBI Investment, East Japan Railway Company, Mori Trust, and Hakuhodo DY Ventures. This financial backing supports ongoing product development, including enhancements for Google Hotel Ads integration and expansion into new markets.
Keywords: dynamic pricing, revenue management, artificial intelligence, hospitality technology, big data analytics, hotel pricing, SaaS, market research, car rental software, accommodation booking