Industry
Real Estate and PropTech
Year of Investment
2023
Last round
Pre-Seed
Pre-Seed

UpMarket

Transforming Guest Management in the Hospitality Industry

UpMarket is the transformative AI-powered guest management platform reshaping the hospitality landscape for small to medium-sized enterprises. Positioned in a rapidly growing €500 billion global market, UpMarket simplifies complexities faced by independent hotels and vacation rentals. Unlike traditional platforms, UpMarket delivers a robust, user-friendly solution that automates guest communications and operational tasks, driving direct bookings, slashing operational overheads, and significantly boosting profitability—all while enhancing the guest experience.

  • €110K ARR generated from 1,000 hotel rooms and 1,800 vacation rentals currently on the platform.

  • Committed ARR of €170K, expected to be realized by year-end, with projections to exceed €1M in 2025.

  • Over 3,000 vacation rentals and 2,000 hotel rooms in the pipeline across Spain, Portugal, Germany, and the Netherlands.

  • Annual run rate of 500,000 guest interactions, accelerating at a monthly growth rate of over 200%.

  • Successfully integrated with more than 20 property management systems, including two exclusive partnership agreements.

Industry
Real Estate and PropTech
Year of Investment
2023
Last round
Pre-Seed
Pre-Seed
Antonino Bonumore
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Shani Cohen
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