HotelsByDay (2022)
About this raise
HotelsByDay, with a valuation of $15 million, is raising funds on Wefunder. The hospitality company provides daytime hotel services for people to work, live, and play. The hotels of HotelsByDay are catering to the increasing demand for daytime hotel rooms and services during the times of COVID-19 and work from home. HotelsByDay sold $17 million of otherwise idle daytime services with a massive 400% inventory increase in 2022. Yannis Moati founded HotelsByDay in July 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for technology, marketing, and operations.
Investment Overview
Invested : $98,401
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 02/01/2022
- Close Date
- 04/30/2022
$50,000
$500,000
$350
SAFE
Pre-Seed
RegCF
$15,000,000
15%
Company & Team
Company
- Year Founded
- 2014
- Industry
- Travel and Hospitality
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $241,940
- Monthly Burn
- $9,734
-
Runway
- 7 months
- Gross Margin
- 93%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2022 | Wefunder | $15,000,000 | $98,401 | SAFE | Funded | RegCF |
| 01/08/2020 | Razitall | $5,500,000 | $0 | CAFES | Not Funded | RegCF |
| 11/30/2018 | Wefunder | $4,900,000 | $107,000 | SAFE | Funded | RegCF |