Hotel Fee Analytics Company Hotelmize Raises $3.2 Million

Israeli hotel price analysis startup Hotelimze Ltd. has recently raised $3.2 million, one person familiar with the matter told Calcalist Wednesday on condition of anonymity. The investment was led by Australian early stage venture capital firm Investible Pty Ltd., the person said.

Hotelmize’s service is designed to improve the pricing and booking process of hotel rooms using big data analysis and automated price prediction algorithms. Founded in 2015, the company raised $3.8 million to date, according to Pitchbook data. Hotelmize has 12 employees, according to LinkedIn.