Pruvo
AI-driven Solution for Hotel Post-booking Profit Optimization
Company Overview
Snapshot
Founded in May 2016 by Itai Marcipar, Pruvo operates with 11–50 employees. The company has raised $1.57M across two funding rounds from three investors. In March 2020, Pruvo closed a Seed round, demonstrating continued investor confidence in its AI-driven hotel rebooking solution.
Business overview
Pruvo offers an AI-driven solution designed to optimize hotel post-booking profits. The company's core technology allows users to submit existing hotel reservations from any website, then actively tracks price drops for the exact room, enabling them to rebook at a lower rate. Pruvo serves the travel and tourism industry, specifically targeting the hospitality sector and individual consumers, operating within the Business Software, Sales & Marketing Solutions, and e-Commerce Tools sectors.
Strategic signal
In March 2020, Pruvo successfully closed a Seed funding round, securing capital amid a challenging period for the travel industry. This event signals investor confidence in Pruvo's resilient business model and its ability to deliver value even during market volatility, highlighting the potential for its AI-driven hotel rebooking solution to thrive in various economic climates.
Log in to access full profile ›Company Intelligence Q&A
- What is Pruvo's primary service?
- Pruvo provides an AI-driven solution that allows users to submit existing hotel reservations and automatically tracks price drops, enabling them to rebook the same room at a lower price.
- When was Pruvo founded?
- Pruvo was founded in May 2016.
- How much capital has Pruvo raised to date?
- Pruvo has raised a total of $1.57M across two funding rounds.
- Which investor led Pruvo's Seed round in March 2020?
- SeedRocket 4Founders Capital led Pruvo's Seed funding round in March 2020, which secured $1.1M for the company.
- What is Pruvo's employee count?
- Pruvo currently has 11–50 employees.