Pruvo Overview
Pruvo provides a hotel rebooking solution that can take an existing hotel reservation from any website and find the exact room for a lower price, enabling users to get a better deal even after their reservations have been made.
Cumulative Funding Raised Over Time ($)
$475KDec 2017
$1.6MMar 2020
Latest News
growth-positive
Hospitality startup Pruvo closes $1.1M seed round amid coronavirus outbreak
Israeli-based startup Pruvo has raised $1.1 million in a seed round led by SeedRocket 4Founders Capital. The company, which uses AI to rebook hotel reservations when prices drop, plans to expand its sales and development teams. Pruvo is waiving setup fees for its repricing tool to help travel companies maximize profits during the COVID-19 pandemic. The funding was secured despite the economic downturn caused by the outbreak.
InvestmentExpand
growth-positive
How to save on hotels
The article discusses a service called Pruvo that helps users save money on hotel bookings. It states that there is a 40% chance of room rates dropping after booking, and if users chose the free-cancellation option, they can easily rebook at the lower rate. Users can forward their confirmation email to Pruvo, and if the service finds a lower rate for the same room, users receive a notification and can rebook. Pruvo makes money through affiliate revenue when users rebook via its site. The article highlights the savings the author has personally experienced using Pruvo. The service has also introduced mobile apps for booking, tracking bookings, and receiving price drop notifications. Overall, the article has a positive impact on Pruvos growth by promoting its money-saving service.
Customers
growth-positive
Pruvo tracks hotel price drops after you book - and you keep the savings!
Pruvo is a new service that uses artificial intelligence to track hotel rates and alerts customers when theres a price drop on their existing reservation. The service is 100% free to use and earns money as an affiliate partner of major travel sites. Customers can save money about 40% of the time when using Pruvo, and the amount of savings varies. Pruvo is not the only service of its kind, as there is a competitor called tripBAM.com. Pruvo is reinventing the process of finding the lowest hotel rates in the digital age.
Customers
growth-positive
Pruvo wants to be the Robin Hood of the global hotel industry
Israel-based start-up Pruvo uses an algorithm to offer consumers hotel rooms at the best possible price. The company tracks hotel prices 24/7 and alerts users when there is a better deal for the same room. Pruvo estimates it has saved over €320,000 for its customers. The company targets both individual travelers and B2B customers such as airlines and travel agencies. Pruvo has seen a 34% increase in users and reservations over the last 10 months. The key challenge is educating users about the phenomenon of price drops after reservations are made. Pruvo is part of the start-up revolution in Israel, which sees the birth of 10 start-ups a day.
Customers
growth-positive
The Hotel Booking Industry Should be Very Afraid of Pruvo CEO Itai Marcipar - Startups #nofilter
Pruvo is a service that helps customers find discounts on hotel rooms even after they have booked. The company monitors hotel room prices on various websites and notifies customers if a lower price is found. Customers can then rebook the room at the lower price through major booking sites. Pruvo considers websites like Expedia and booking.com as partners. The company has experienced positive growth since its launch, with thousands of visits to its website. Pruvo plans to expand its services to other industries in the future. The article also includes some fun questions and answers about the companys name, competitors, and the CEOs advice for startups.
Customers
| Sector | Business Software |
Funding
| Total funding | $1.57M |
| Last funding | $1.1M |
| Stage | Seed |
| Rounds | 2 |
| Investors | 3 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | www.pruvo.com/ |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
HaMeginim Ave 64, Haifa, Israel
Photos & Videos
2 item(s)
Pruvo Business
Business models
B2B2C, B2C, B2B
Product stage
Released
Employees
11-50
Sector
Business SoftwareSales & Marketing Solutionse-Commerce ToolsTarget Customer
Travel & TourismHospitalityConsumersCore Technology
Platforms & InterfacesWebArtificial IntelligenceTags (5)
traveltechprice-comparisonecommerceonline-shoppingartificial-intelligenceGeographic Markets
GlobalPruvo Financials
$1.57M
Total funding
Undisclosed
Capital raised
$1.1M
Last funding
Seed
Funding stage
2
Total rounds
3
Investors
Cumulative Funding Raised Over Time ($)
$475KDec 2017
$1.6MMar 2020
Private Equity Funding
Seed
Mar 2020
$1.1M
SeedRocket 4Founders Capital (Lead)
Equity crowdfunding
Dec 2017
$475K
Daka90 Labs, ExitValley
Pruvo Lifecycle
Cumulative Funding Raised Over Time
$475KDec 2017
$1.6MMar 2020
All Events
Seed
Mar 2020
$1.1M
SeedRocket 4Founders Capital (Lead)
Equity crowdfunding
Dec 2017
$475K
Daka90 Labs, ExitValley
Pruvo News
8 articles
growth-positive
Hospitality startup Pruvo closes $1.1M seed round amid coronavirus outbreak
Israeli-based startup Pruvo has raised $1.1 million in a seed round led by SeedRocket 4Founders Capital. The company, which uses AI to rebook hotel reservations when prices drop, plans to expand its sales and development teams. Pruvo is waiving setup fees for its repricing tool to help travel companies maximize profits during the COVID-19 pandemic. The funding was secured despite the economic downturn caused by the outbreak.
InvestmentExpand
growth-positive
How to save on hotels
The article discusses a service called Pruvo that helps users save money on hotel bookings. It states that there is a 40% chance of room rates dropping after booking, and if users chose the free-cancellation option, they can easily rebook at the lower rate. Users can forward their confirmation email to Pruvo, and if the service finds a lower rate for the same room, users receive a notification and can rebook. Pruvo makes money through affiliate revenue when users rebook via its site. The article highlights the savings the author has personally experienced using Pruvo. The service has also introduced mobile apps for booking, tracking bookings, and receiving price drop notifications. Overall, the article has a positive impact on Pruvos growth by promoting its money-saving service.
Customers
growth-positive
Pruvo tracks hotel price drops after you book - and you keep the savings!
Pruvo is a new service that uses artificial intelligence to track hotel rates and alerts customers when theres a price drop on their existing reservation. The service is 100% free to use and earns money as an affiliate partner of major travel sites. Customers can save money about 40% of the time when using Pruvo, and the amount of savings varies. Pruvo is not the only service of its kind, as there is a competitor called tripBAM.com. Pruvo is reinventing the process of finding the lowest hotel rates in the digital age.
Customers
growth-positive
Pruvo wants to be the Robin Hood of the global hotel industry
Israel-based start-up Pruvo uses an algorithm to offer consumers hotel rooms at the best possible price. The company tracks hotel prices 24/7 and alerts users when there is a better deal for the same room. Pruvo estimates it has saved over €320,000 for its customers. The company targets both individual travelers and B2B customers such as airlines and travel agencies. Pruvo has seen a 34% increase in users and reservations over the last 10 months. The key challenge is educating users about the phenomenon of price drops after reservations are made. Pruvo is part of the start-up revolution in Israel, which sees the birth of 10 start-ups a day.
Customers
growth-positive
The Hotel Booking Industry Should be Very Afraid of Pruvo CEO Itai Marcipar - Startups #nofilter
Pruvo is a service that helps customers find discounts on hotel rooms even after they have booked. The company monitors hotel room prices on various websites and notifies customers if a lower price is found. Customers can then rebook the room at the lower price through major booking sites. Pruvo considers websites like Expedia and booking.com as partners. The company has experienced positive growth since its launch, with thousands of visits to its website. Pruvo plans to expand its services to other industries in the future. The article also includes some fun questions and answers about the companys name, competitors, and the CEOs advice for startups.
Customers
growth-positive
#InnovationMonth: Is Pruvo the hotel industry's next big disruption?
Israeli startup Pruvo is disrupting the hotel bookings industry by offering a free automatic online service that tracks hotel prices and alerts users when there is a better deal for the same room. The company was founded by Itai Marcipar, who discovered that hotel prices often drop after a reservation is made. Pruvo aims to save customers up to 67% on their hotel bookings. Since its launch in 2016, Pruvo has experienced rapid growth, surpassing all its metric goals and expanding to Latin America. The company plans to further expand to other markets and is launching a seed funding round through equity crowdfunding. Pruvo also plans to develop a B2B platform for hotels and travel agents and work with airlines and travel agencies on a revenue share model.
Customers
growth-positive
Want to Track Hotel Reservations for Price Drops? Try Pruvo!
The article discusses Pruvo, a hotel rebooking site that helps customers find lower prices for hotel rooms even after they have made a reservation. Pruvo uses an algorithm to scan room rates and alerts customers to cheaper rates at the same hotel. The article describes the authors experience testing Pruvo and mentions that the company offers immediate price reductions by rebooking the same room at a lower price. Pruvo makes money by receiving a commission from hotel suppliers. The article praises Pruvos customer service and recommends giving the service a try.
Customers
http://www.eglobaltravelmedia.com.au/new-booking-platform-achieves-best-hotel-prices/
Pruvo Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 18 |
| Team members | 3 |
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Pruvo Internal
Recent Updates
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Admin Info
| Confidence | 95/100 |
| Missing | description |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515459337 |
| Crunchbase | pruvo |
| Creator | Benjamin Futoriansky |
| Creator email | ben.futor@gmail.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | genys30@yahoo.com |
| Last update | 2022-08-04T00:00:00.000Z |
| Created | 2016-06-20T00:00:00.000Z |
| Claimed | Yes |