Fornova
Business Intelligence for Travel, Hospitality, and Retail
StartupFornova is a Yokne'am Illit-based startup in the Business Software sector, established in 2008. Business Intelligence for Travel, Hospitality, and Retail. The company has raised a total of $25M across 3 funding rounds, currently at the Mature stage. Fornova was founded by Dmitry Babitsky, Michael Rubanovich, Dori Stein. Key investors include JAL Ventures, Forestay Capital, A/O PropTech, among 5 total investors. The company has 51-200 employees. Core technologies: Platforms & Interfaces, Web.
With $25M in total funding, Fornova is a Mature-stage company operating in Business Software. The company follows a B2B business model. Product stage: Released. The company holds 1 patent.
- StageMature
- ProductReleased
- ModelB2B
- Employees51-200
- HQYokne'am Illit
- DistrictNorth District
- Last Round$7M
- JAL Ventures
- Forestay Capital
- A/O PropTech
5 investors total
Dmitry BabitskyCo-founder & Chief Scientist
Michael RubanovichCo-founder & GM Israel
Dori SteinCo-founder (No longer with the company)
7 articles covered by sources including www.hospitalitynet.org,
www.phocuswire.com,
www.globes.co.il,
www.prnewswire.com.
What does Fornova do?
Fornova enables travel and hospitality companies to optimize their revenue and distribution while reducing costs. The company helps hotels, online travel agencies (OTAs), car rental companies, and aggregators turn data into profit by using real intelligence to align their entire organization (from revenue and distribution to sales, eCommerce, and operations) so they can make smarter decisions together. Fornova has corporate agreements with the majority of the world's top-10 largest hotel chains, as well as the biggest global OTAs. Using its patented VisualScan technology, Fornova monitors over 100,000 travel/hospitality websites and conducts 1.25 billion price comparisons every month. Fornova's retail business, Goldenfeeds, is a data aggregator and feed provider. It generates, maintains, and distributes high-quality product data for online retailers to increase top and bottom-line revenue. Goldenfeeds counts 130 leading retailers as clients, including 26 of the top-500 eCommerce brands in the United States.
How much funding has Fornova raised?
Fornova has raised $25M in total funding across 3 rounds. The company is currently at the Mature stage. Key investors include JAL Ventures, Forestay Capital, A/O PropTech.
Who founded Fornova?
Fornova was founded in 2008 by Dmitry Babitsky (Co-founder & Chief Scientist), Michael Rubanovich (Co-founder & GM Israel), Dori Stein (Co-founder (No longer with the company)).
What sector is Fornova in?
Fornova operates in Business Software, IT, R&D & Data Solutions, Data Analysis & Decision Support, Sales & Marketing Solutions, with core technologies in Platforms & Interfaces, Web. Target customers: Travel & Tourism, Hospitality, Hotels.
Where is Fornova located?
Fornova is based in HaMada 4, Yokne'am Illit, Israel, North District. The company also has offices abroad.