What is API?
Headquartered in Melville, NY, Accommodations Plus International (API) is a key player in the crew accommodation technology sector, serving the airline and transportation industries. The company specializes in providing advanced technology platforms designed to streamline crew lodging operations. Beyond its core technology, API offers comprehensive services including expert sourcing of accommodations, meticulous contracting and negotiation, and sophisticated automated invoicing, reconciliation, and billing solutions, ensuring operational efficiency for its clients.
How much funding has API raised?
API has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in API
PPP
Public-Private Partnership
What's next for API?
The recent major strategic investment into API signals a strong confidence in the company's growth trajectory and its pivotal role within the transportation technology ecosystem. This influx of capital, alongside the previously secured $2M, is poised to accelerate API's expansion, likely focusing on enhancing its technology platform, broadening its service offerings, and potentially entering new geographic markets. The enterprise-level nature of the funding suggests a focus on scaling operations and solidifying its market leadership in crew accommodation solutions.
See full API company page
