About this raise: HotelsByDay makes it easier for customers to find and book their one-day stays. They help users navigate around rigid check-in and checkout times so customers can utilize the hotel rooms when they need them -- and hotels can bring in additional revenue and add the revenue stream to their current booking system easily through HotelsByDay’s platform. Hotels earn 50% net revenue of a day room when it would otherwise be empty, and guests have somewhere to relax during the day if they need to. So far, HotelsByDay has earned over $5M in gross bookings revenue to date, and 35% of customers are repeat users. They have over 700 North American and London hotels in their system, booked over 54,000 reservations, and have been featured on the Lodging Leaders podcast, as well as multiple other media outlets.
Investment Overview
Invested : $107,000
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 07/13/2018
- Close Date
- 11/30/2018
$50,000
$107,000
$100
SAFE
RegCF
$4,900,000
15%
Company & Team
Company
- Year Founded
- 2014
- Industry
- Travel and Hospitality
- Tech Sector
- Location
- New York, New York
- Company Website
-
Visit Website
Team
- Employees
- 7
Financials
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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 |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Employee History
Founder Profile
Founder Profile: Solving The Day Stay With Yannis Moati of HotelsByDay
We’ve all been in that situation where we just want to take a nap during a long day of travel, be it from touring around a bunch or from taking every mode of transportation on our journey to a far away destination.
Unfortunately, as hotel booking systems and operations work there have historically been no options for the day-stay. Thus you are left meandering streets tired and weary or napping on an airport lounge chair. Neither of which is a great option.
This is the pain point, Yannis Moati and his team at HotelsByDay are trying to solve for today's traveler. Through their intuitive user platform, you can find a place to nap or ref resh at most major hotel brands across major cities like New York, Dallas, LA and more!