Mize News
8 articles
/PRNewswire/ -- Mize, a leading provider of fintech-based solutions for the travel industry, is pleased to announce its acquisition of RightRez, a pioneer in...
Mize, a leading provider of fintech-based solutions for the travel industry, has acquired RightRez, a pioneer in air automation and post-booking optimization solutions. This acquisition enhances Mizes position as a multi-vertical fintech leader, expanding its solutions to both accommodation and air travel. The integration of RightRezs expertise with Mizes AI and data analysis capabilities is expected to generate new growth opportunities and improve efficiency and innovation in the travel industry. Mize serves over 200 clients worldwide, and this acquisition aligns with its vision to offer cutting-edge solutions in the accommodation and air travel markets.
Acquisition
Mize Expands Its Horizons: Acquires RightRez to Revolutionize Air Travel Solutions
Mize, a leading fintech solutions provider for the travel industry, has acquired RightRez, a company specializing in air automation and post-booking optimization solutions. This acquisition aims to enhance Mizes offerings in both accommodation and air travel sectors, leveraging RightRezs expertise and Mizes AI-driven tools. The integration is expected to create new growth opportunities and improve efficiency and innovation across the travel industry. Mize serves over 200 clients worldwide, and this acquisition aligns with its vision to become a multi-vertical fintech leader. The collaboration is anticipated to deliver unmatched solutions to help customers thrive in the evolving travel industry.
Acquisition
Hotelmize Announces Rebranding, Changes Name to Mize
Traveltech startup Hotelmize raises $12 million Series B | CTech
Traveltech startup Hotelmize has raised $12 million in a Series B funding round led by Flashpoint Venture Capital and with the participation of existing investors. The company has developed tools that allow tourism companies to purchase and sell tourism products easily and efficiently. Hotelmize experienced growth of over 800% last year. The funding round brings the total amount raised by the company to over $20 million. Flashpoint VC is an international investment group with a focus on technology companies.
Investment
Hotelmize raising Round B by Alibaba Hong Kong Entrepreneurs Fund and Brilliance Ventures
Hotelmize, an Israel-based company, is raising its B round investment to expand service offerings and capture the long-term promise of the APAC tourism industry. The company is also establishing its APAC headquarters in Hong Kong. The financing round is led by the Alibaba Hong Kong Entrepreneurs Fund and Brilliance Ventures. Hotelmize has developed AI-based technology that allows travel companies to increase their profit by over 30% through streamlining and automating procurement processes. The company has handled over $2 billion of reservations and has raised $5 million previously. The capital raised in the B round will be used to expand operations in APAC and mainland China and enhance core solutions.
InvestmentExpand
Hotelmize CEO: "Travel companies are lagging behind"
Hotelmize, a company focused on leveraging big data to improve the pricing and booking process of hotel rooms, is experiencing growth and positive impact on its business. The company has raised USD 3.8 million to date and offers a buy-side revenue management solution that adds extra profit to its clients bookings. Hotelmize uses big data analysis and automated price prediction algorithms to optimize margins for travel companies. The company sees big data technologies as the key to success in the travel industry and believes that early adoption of AI and ML will lead to outperformance. Hotelmize plans to expand its team and open new global offices. The travel industry is seen as lagging behind in adopting advanced technologies, but there is a growing interest in tech-supported solutions.
InvestmentExpand
Hotel Fee Analytics Company Hotelmize Raises $3.2 Million
Israeli hotel price analysis startup Hotelmize Ltd. has raised $3.2 million in an investment led by Investible Pty Ltd. The company offers a service to improve the pricing and booking process of hotel rooms using big data analysis and automated price prediction algorithms. Hotelmize has raised a total of $3.8 million to date and currently has 12 employees.
Investment
https://www.jpost.com/Jpost-Tech/Israeli-startup-Hotelmize-looks-to-revolutionize-hotel-bookings-573040
Hotelmize, a big-data startup in the hotel booking industry, has raised $3.8 million in seed funding. The company applies capital market trading principles to optimize profits for hotel wholesalers, bed banks, and travel agents. Hotelmize leverages AI and big data to predict price fluctuations and increase reseller profitability. With clients across 4 continents, the company is on track to manage over one billion dollars in total booking volume. The seed funding round was led by Investible, an Australian-based early-stage investment group.
Investment