What is Cloudbeds?
Cloudbeds is a comprehensive property management software provider founded in 2012 and headquartered in San Diego, California. The company offers a unified platform designed to streamline operations for hotels, hostels, and vacation rentals. Its solutions encompass channel management, booking engines, direct booking websites, and a property management system, enabling hospitality businesses to manage reservations, guest communications, and online presence efficiently. Cloudbeds serves a global clientele, empowering them to increase direct bookings, optimize revenue, and enhance guest experiences. The company's sustained growth and ability to secure significant investment rounds indicate a strong market fit and a scalable business model within the competitive hospitality tech landscape.
How much funding has Cloudbeds raised?
Cloudbeds has raised a total of $248.4M across 6 funding rounds:
Angel/Seed
$800K
Other Financing Round
$3.5M
Series A
$3.1M
Series B
$9M
Series C
$82M
Series D
$150M
Angel/Seed (2012): $800K, investors not publicly disclosed
Other Financing Round (2015): $3.5M led by Tech Coast Angels
Series A (2016): $3.1M supported by Cultivation Capital, EON Capital, Moore Venture Partners, and Seed San Diego
Series B (2017): $9M featuring ClearVision Equity, Nashville Capital, TTCER Partners, PeakSpan Capital, and Cultivation Capital
Series C (2020): $82M backed by PeakSpan Capital LLC, VIKING GLOBAL INVESTORS L.P., counterpart.vc, Recruit Holdings Co. Ltd, and Cultivation Capital
Series D (2021): $150M with participation from Echo Street Capital Management, Counterpart, PeakSpan Capital, SoftBank Group, Viking Global Investors, and Walleye Capital
Key Investors in Cloudbeds
PeakSpan Capital
PeakSpan Capital is a growth equity firm specializing in partnering with growth-stage software companies. They provide operational support and strategic guidance to help entrepreneurs scale their businesses effectively, leveraging a community of over 400 advisors.
Cultivation Capital
Cultivation Capital is a venture capital firm investing in young companies with transformative ideas across various industries, providing capital resources and a vast network to help startups navigate hyper growth from Series Seed through Series B.
Echo Street Capital Management
Echo Street Capital Management is a New York City-based company offering portfolio and asset management services, founded in 2002.
What's next for Cloudbeds?
With its latest major strategic investment, Cloudbeds is poised for accelerated expansion and product development. The substantial capital infusion is expected to fuel advancements in its core technology, potentially leading to enhanced AI-driven features for revenue management and guest personalization. Furthermore, the company is likely to focus on broadening its market reach, both domestically and internationally, by strengthening its sales and marketing efforts. Strategic partnerships and potential acquisitions could also be on the horizon as Cloudbeds aims to solidify its position as a leader in the global hospitality software industry. The company's trajectory suggests a continued focus on innovation and operational excellence to meet the evolving demands of the hospitality sector.
See full Cloudbeds company page
