What is ByHours?
ByHours operates as a market leader in the micro-stay segment, providing a sophisticated platform that allows users to book hotel rooms by the hour. With a footprint spanning over 4,000 hotels across 25 countries, the company addresses the evolving needs of modern travelers, including those requiring space for travel layovers, business meetings, or spontaneous city escapes. By offering flexible check-in times and a user-centric mobile application, ByHours effectively disrupts the conventional hospitality model, allowing consumers to pay exclusively for the time they utilize. This value proposition has solidified its status as an essential tool for both leisure and corporate travelers seeking efficiency and cost-effectiveness in their accommodation choices.
How much funding has ByHours raised?
ByHours has raised a total of $13.3M across 3 funding rounds:
Unspecified
$795K
Unspecified
$3.6M
Unspecified
$8.9M
Unspecified (2013): $795K with participation from Caixa Capital Risc
Unspecified (2014): $3.6M led by Mediaset Spain and Axon Partners Group
Unspecified (2020): $8.9M supported by Angel Ventures and DILA Capital
Key Investors in ByHours
Caixa Capital Risc
CriteriaCaixa is a venture capital firm focused on investing in innovative startups at early stages, particularly in technology, biotechnology, and the industrial sector.
Axon Partners Group
Axon Partners Group specializes in investment management and consulting, focusing on technology and innovation to help visionary leaders create value.
Angel Ventures
Angel Ventures is a prominent Mexican venture capital firm focused on investing in early-stage to early-growth companies in Latin America.
What's next for ByHours?
With the recent injection of capital, ByHours is poised to enter a new phase of enterprise-level growth. The strategic roadmap likely involves deepening its penetration in existing markets while exploring new geographic territories to capitalize on the rising demand for flexible lodging solutions. As the company transitions from its scaling phase toward broader market dominance, the focus will remain on optimizing its proprietary booking engine and strengthening partnerships with global hotel chains. This strategic trajectory suggests a commitment to long-term sustainability and innovation, ensuring that ByHours continues to set the standard for convenience and flexibility in the global travel ecosystem.
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