What is ResortPass?
Founded in Santa Monica, California, in 2016, ResortPass operates as an online booking platform that grants access to resort and hotel amenities, including pools, spas, fitness centers, and various activities. The service caters to both locals and travelers, enabling them to experience leisure facilities at premium hotel properties without the necessity of booking an overnight stay. Through its Day Guest Program, ResortPass provides hotels with a comprehensive system to generate substantial new revenue streams, managing inventory, pricing, online bookings, and offering detailed reporting, marketing support, and full guest assistance.
How much funding has ResortPass raised?
ResortPass has raised a total of $35M across 2 funding rounds:
Series A
$9M
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
CRV, established in 1874, is a global cattle improvement company focused on selective breeding and selling bull semen to enhance farmer herds. Headquartered in Arnhem, Netherlands, its involvement suggests a potential interest in operational efficiency or long-term value creation.
Declaration Partners
Declaration Partners LP, founded in 2017 and based in New York, is an investment company providing private equity, financial services, and investment management. Their participation indicates a strategic alignment with ResortPass's growth objectives.
14w
14W Venture Partners is a venture capital firm based in New York, specializing in consumer internet, marketplace, eCommerce, CPG, and media. Their investment points to ResortPass's strong potential within the consumer-facing digital marketplace.
What's next for ResortPass?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for ResortPass. This capital infusion is likely to fuel further platform development, expansion into new markets, and enhancement of partnerships with hotel and resort properties. The company's focus on creating a new revenue channel for hospitality businesses positions it for continued success in leveraging underutilized amenities.
See full ResortPass company page
