Betterspace

Best hotel industry software solutions.

Launch date

Jun 2015

Employees

Market cap

Enterprise valuation

AUD25m (Public information from Aug 2023)

Company register number HRB 510594 (Jena)

Ilmenau Thuringia (HQ)

https://betterspace360.com

https://twitter.com/betterspace360 https://www.linkedin.com/company/betterspace/betterspace360 https://play.google.com/store/apps/details?id=de.betterspace.iq_app.east_hotel

Revenues, earnings & profits over time

EUR	2017	2018	2019	2020	2021	2022	2023
Revenues	2.1m	4.0m	6.0m	4.6m	6.2m	6.2m	6.2m
% growth	-	91 %	50 %	(24 %)	36 %	-	-
EBITDA	-	-	-	-	(<1m)	-	-
% EBITDA margin	-	-	-	-	(4 %)	-	-
Profit	(<1m)	<1m	<1m	(<1m)	(<1m)	-	-
% profit margin	(2 %)	11 %	4 %	(7 %)	(1 %)	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	Zinc	N/A	-
Jan 2015	Fraunhofer Venture Fraunhofer Society	N/A	Spinout
Nov 2019*	Statkraft Ventures EIT InnoEnergy	€3.0m	Series A
Aug 2023*	Round2 Capital Partners	$1.0m Valuation: $16.4m	Early VC
Total Funding		AUD6.6m

Tech stackLearn more about the technologies and tools that this company uses.