Total amount raised
$29.9 Millions
Latest funding date
09/01/2022
Location
ROH is a payments management platform designed to enhance the profitability of hotels by automating and optimizing sales, finance, and back-office operations. The platform offers features such as workflow automation, payment processing, AR and accounting management, booking documentation, data insights, and a centralized back-office.
Keep reading to explore the intricacies of ROH's fundraising journey and the investors backing this innovative platform.
What Is ROH?
ROH operates within the hospitality and hotel management technology industry, offering a cloud-based payments management platform. The company is located at 667 Madison Avenue, 5th Floor, New York, NY 10065.
ROH's platform is designed to enhance hotel profitability by automating and streamlining sales, finance, and back-office processes. It supports over 20,000 rooms and 2 million square feet for various hospitality brands and hotels.
While specific details about the founding year, founder names, and employee count are not available, ROH's comprehensive platform includes features such as workflow automation, payments processing, AR and accounting management, booking documentation, data insights, and a centralized back-office.
How Much Funding Has ROH Raised?
- Seed Round
- Amount Raised: $9.3M
- Date: December 2021
- Lead Investors: Acrew Capital, Founders Fund
- Venture Round
- Date: October 2020
- Lead Investors: -
- Series A
- Amount Raised: $10.6M
- Date: September 2022
- Lead Investors: 1Sharpe Ventures
- Debt Financing
- Amount Raised: $10M
- Date: September 2022
- Lead Investors: -
ROH has raised a total of $29.9M in funding.
Key Investors
- Acrew Capital
- Details: Acrew Capital is a venture capital firm that invests in early-stage companies. They focus on building long-term partnerships with founders.
- Investment Focus Areas: Fintech, cybersecurity, enterprise software
- Notable Investments: Chime, Exabeam, Pie Insurance
- Founders Fund
- Details: Founders Fund is a San Francisco-based venture capital firm. They are known for investing in companies that aim to change the world.
- Investment Focus Areas: Aerospace, artificial intelligence, biotechnology
- Notable Investments: SpaceX, Palantir Technologies, Airbnb
- 1Sharpe Ventures
- Details: 1Sharpe Ventures is a venture capital firm that focuses on early-stage investments. They aim to support innovative companies in various sectors.
- Investment Focus Areas: Real estate technology, financial services, data analytics
- Notable Investments: Roofstock, Blend, Point
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