2015
Bengaluru (India)
Series D
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.
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.
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.
$84.1Million
10
$394.0K, Series D
as of March 31, 2023
$142Million
as of April 6, 2023
-
as of N/A
Z47
and 8 more1040
ELIVAAS
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
March 31, 2023 | Series D | $394.0K | - | $11.7Million | - | - |
June 9, 2022 | Angel | $13.9K | $68.6Million | $6.6Million | - | - |
June 4, 2021 | Series D | $16.2Million | $74.7Million | $3.2Million | - | Elevation Capital, Matrix , Accor, Bertelsmann, Ward Ferry, Timesgroup |
October 8, 2020 | Series D | $6.0Million | - | $5.3Million | - | Ward Ferry |
July 31, 2020 | Series D | $1.4Million | - | $6.9Million | - | - |
June 25, 2020 | Series D | $3.0Million | $7.4Million | - | - | Bertelsmann, Matrix Partners |
January 2, 2020 | Series C | $458.0K | $79.7Million | $9.4Million | - | Timesgroup,Brand Capital |
August 30, 2017 | Series C | $34.0Million | $114.0Million | $4.8Million | 20.8x | Karst Peak Capital, Bertelsmann India Investments, Elevation Capital, Z47 ,Ward Ferry, Matrix Partners |
May 27, 2016 | Series B | $16.7Million | $50.1Million | $812.0K | - | Bertelsmann India Investments, Elevation Capital, Z47,Matrix Partners |
June 15, 2015 | Series A | $6.0Million | $18.4Million | - | - | Elevation Capital, Z47 ,Matrix Partners |