Treebo

Treebo

Online chain of standardized budget hotels

Founded

2015

Headquarters

Bengaluru (India)

Status

Series D

Company Details

Website

Socials

Email

Phone

+91-9322800100

Treebo Hotels, headquartered in Bengaluru, India, is a prominent player in the budget accommodation sector. Founded in June 2015 by IIT Roorkee graduates Sidharth Gupta, Rahul Chaudhary, and Kadam Jeet Jain, Treebo aims to provide standardized, affordable lodging options across India, distinguishing itself from competitors like OYO Rooms.

Business Model

Treebo Hotels believes in branding rather than aggregating a marketplace. Their business model is franchise based. Treebo Hotels looks for the most suited hotel with good service and keeps up the standard of their brand. They communicate with the owners and offer great customer acquisition channels, branding, management software and many more.

It charges around 40% of total revenue per cent from each hotel, which is quite high.

Treebo Hotels works through the mid-segment hotel industry and for that, a strong complete business model which holds the operational capabilities has become quite a necessity.

Treebo Hotels is looking for all aspects that can be covered in order to build a strong market upholding. And in the upcoming years, it is expected to grow more extensively.

Mission and Vision

Treebo's mission is to redefine hospitality by delivering exceptional service and memorable experiences at affordable prices. Its vision is to become the most trusted hotel brand globally, known for quality, convenience, and value.

Key People

Sidharth Gupta

Kadamjeet Jain

Rahul Chaudhary

Key Metrics

Total Equity Funding

$84.1Million

No. of Funding Rounds

10

Latest Funding Round

$394.0K, Series D

as of March 31, 2023

Post Money Valuation

$142Million

as of April 6, 2023

Funding Multiple

-

as of N/A

Investors

Z47

and 8 more

Employee Count

1040

Similar Companies

ELIVAAS

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
March 31, 2023Series D$394.0K-$11.7Million--
June 9, 2022 Angel$13.9K$68.6Million$6.6Million--
June 4, 2021Series D$16.2Million$74.7Million$3.2Million- Elevation Capital, Matrix , Accor, Bertelsmann, Ward Ferry, Timesgroup
October 8, 2020Series D$6.0Million-$5.3Million-Ward Ferry
July 31, 2020Series D$1.4Million-$6.9Million--
June 25, 2020 Series D$3.0Million$7.4Million--Bertelsmann, Matrix Partners
January 2, 2020Series C$458.0K$79.7Million$9.4Million- Timesgroup,Brand Capital
August 30, 2017Series C$34.0Million$114.0Million$4.8Million20.8xKarst Peak Capital, Bertelsmann India Investments, Elevation Capital, Z47 ,Ward Ferry, Matrix Partners
May 27, 2016Series B$16.7Million$50.1Million$812.0K- Bertelsmann India Investments, Elevation Capital, Z47,Matrix Partners
June 15, 2015Series A$6.0Million$18.4Million-- Elevation Capital, Z47 ,Matrix Partners

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