How Much Did ResortPass Raise?
Funding & Key Investors

ResortPass, the Santa Monica-based innovator in hospitality access, has successfully secured a major strategic investment, bringing its total capital accumulation to $35M. This latest infusion of $26M underscores the company's robust growth trajectory within the experiential travel and leisure sector. By facilitating seamless access to premium hotel amenities for non-staying guests, ResortPass has effectively carved out a unique niche in the digital marketplace, attracting significant institutional backing to scale its operations and expand its footprint across the hospitality landscape.

What is ResortPass?

ResortPass
Business ServicesSoftware TestingHospitality

Founded in 2016, ResortPass operates as a sophisticated online booking platform that bridges the gap between luxury hotel amenities and local demand. The company provides a comprehensive Day Guest Program, offering hotels a turnkey solution to monetize underutilized assets such as pools, spas, and fitness centers. By integrating inventory management, dynamic pricing, and revenue reporting, ResortPass transforms leisure facilities into high-margin revenue streams. This business model not only enhances the guest experience for locals and travelers alike but also provides hotel operators with critical data-driven insights to optimize their property utilization and marketing efforts.

How much funding has ResortPass raised?

ResortPass has raised a total of $35M across 2 funding rounds:

2019

Series A

$9M

2022

Series B

$26M

Series A (2019): $9M with participation from Crv

Series B (2022): $26M led by Crv, Declaration Partners, and 14w

Key Investors in ResortPass

Crv

A global investment firm with a long-standing history of supporting growth-stage companies through strategic capital and operational expertise.

Declaration Partners

A New York-based investment firm providing private equity and financial services, focused on long-term value creation and strategic partnerships.

14w

A venture capital firm specializing in consumer internet, marketplace, and eCommerce sectors, known for backing high-growth digital platforms.

What's next for ResortPass?

With the successful closure of this major enterprise-level funding, ResortPass is well-positioned to accelerate its market penetration and technological development. The strategic capital will likely be deployed to enhance the platform's proprietary booking engine, broaden its network of partner properties, and refine its data analytics capabilities. As the hospitality industry continues to prioritize ancillary revenue generation, ResortPass is poised to solidify its leadership position, leveraging its unique value proposition to capture a larger share of the growing experiential economy. Future growth will likely focus on scaling the platform's operational infrastructure to support increased transaction volumes and expanding its reach into new geographic markets.

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Frequently Asked Questions Regarding ResortPass Financial Insights

What are the most recent funding rounds that ResortPass has completed, and what were the funding rounds?
ResortPass has recently completed 2 funding rounds: Series B on Nov 30, 2022, Series A on Aug 19, 2019.
What is the total amount of funding ResortPass has raised to date?
ResortPass has raised a total of $35M in funding to date.
How many funding rounds has ResortPass completed?
ResortPass has completed 2 funding rounds.
How much funding did ResortPass raise in its most recent funding round?
ResortPass raised $26M in its most recent funding round.
Who are the lead investors in ResortPass's latest funding round?
The lead investor in ResortPass's latest funding round was Crv. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ResortPass's history?
The largest funding round in ResortPass's history was $26M.
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