What is Mize?
Founded in 2016, Mize operates at the intersection of big data and machine learning to revolutionize the hotel reseller market. The company's proprietary platform empowers hotel resellers to optimize their yield management by enhancing traditional purchasing processes. By leveraging advanced price prediction and efficiency algorithms, Mize enables clients to achieve greater profitability and deliver superior customer service. The core of its technology lies in sophisticated machine learning techniques applied to vast datasets, driving efficiency and value in the hospitality sector.
How much funding has Mize raised?
Mize has raised a total of $15.8M across 2 funding rounds:
Series A
$3.8M
Series B
$12M
Series A (2018): $3.8M, investors not publicly disclosed
Series B (2023): $12M led by Flashpoint
Key Investors in Mize
Flashpoint
Flashpoint Venture Capital is an international group managing equity and debt funds, investing in software companies. It provides business-to-business software-as-a-service solutions in the initial revenues. The company was formed in 2012 and is based in Budapest, Hungary.
What's next for Mize?
The recent major strategic investment signals a pivotal phase for Mize, likely focused on scaling its operations, expanding its technological capabilities, and broadening its market reach. This infusion of capital is expected to accelerate product development, enhance its machine learning algorithms, and strengthen its competitive position within the enterprise travel technology landscape. Mize is poised to further solidify its role as a key innovator in yield optimization for hotel resellers.
See full Mize company page
