What is Onda?
Onda operates as a B2B SaaS company within the hotel industry, distinguished by its leading digital lodging ecosystem. This platform provides real-time linkage between room inventory and sales prices, seamlessly connecting with both domestic and major international sales channels. The company's focus on digitizing and optimizing the hotel sales process positions it as a key player in modernizing hospitality operations.
How much funding has Onda raised?
Onda has raised a total of $10M across 1 funding round:
Series B
$10M
Series B (2023): $10M with participation from TS Investments and Industrial Bank of South Korea
Key Investors in Onda
TS Investments
TS Investments is a venture capital and private equity firm based in South Houston, Texas, likely focusing on strategic growth investments in technology-enabled businesses.
Industrial Bank of South Korea
The Industrial Bank of South Korea is a financial institution that may be providing debt financing or strategic capital to support Onda's expansion initiatives.
Undisclosed Investor
An undisclosed investor participated in this funding round, suggesting a strategic alignment or a significant stake in Onda's future growth.
What's next for Onda?
The substantial enterprise-level funding and recent strategic investment signal a phase of accelerated scaling and market expansion for Onda. This capital infusion is expected to fuel further development of its digital lodging ecosystem, enhance its connectivity with sales channels, and potentially explore new verticals within the hospitality tech sector. The company is poised to solidify its market leadership and drive innovation in real-time inventory and pricing management.
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