Octorate
The All-In-One Solution for Hotels, B&B and Vacation Rentals.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 63 % | 50 % | 3 % | (6 %) | 49 % | 31 % | 9 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 19 % | 24 % | 28 % | 12 % | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (2 %) | (2 %) | 1 % | (12 %) | 4 % | 34 % | 14 % |
| 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
Octorate is a technology company specializing in cloud-based property management solutions for the hospitality industry. The company offers a suite of tools designed to streamline daily operations for property managers, including a Channel Manager that consolidates all online distribution channels into a single control point. This eliminates the need for manual updates by automating availability, pricing, and content updates. Octorate also integrates with communication platforms like WhatsApp and OTA channels to automate guest communication, enhancing the guest experience. Additionally, the company provides integration with Google Hotel Ads, significantly boosting hotel visibility and optimizing ad spend through a cost-per-stay commission model. Octorate serves a diverse range of clients in the hospitality sector, from small boutique hotels to large hotel chains, operating primarily in the global market. The business model is subscription-based, generating revenue through monthly or annual fees for its software services.
Keywords: property management, channel manager, guest communication, Google Hotel Ads, hospitality, cloud-based, automation, OTA integration, cost-per-stay, visibility.