What is Treebo Hotels?
Founded in 2015 and headquartered in Bengaluru, India, Treebo Hotels operates as a prominent hotel chain with a substantial presence across the country. The company manages a network of 250 hotels spanning 54 cities, offering a wide range of accommodation options. Treebo Hotels has established itself as a key player in the Indian hospitality market, focusing on providing quality lodging experiences.
How much funding has Treebo Hotels raised?
Treebo Hotels has raised a total of $80M across 6 funding rounds:
Series A
$6M
Series B
$16.6M
Series C
$34M
Unspecified
$6M
Other Financing Round
$1.4M
Series D
$16M
Series A (2015): $6M with participation from SAIF Partners and Matrix Partners India
Series B (2016): $16.6M led by SAIF Partners, Matrix Partners India, and Bertelsmann India Investments
Series C (2017): $34M supported by Matrix Partners, Ward Ferry Management, Bertelsmann India Investment, SAIF Partners, and Karst Peak Capital
Unspecified (2020): $6M featuring SAIF Partners, Matrix Partners India, Bertelsmann India Investments, and Ward Ferry Management Limited
Other Financing Round (2020): $1.4M backed by Mozambique Holdings, Jaydeep Barman, and Vijay Shekhar Sharma
Series D (2021): $16M with participation from Deepak Parayanken, Matrix Partners, Elevation Capital, Ward Ferry, Bertelsmann, Accor, and Bennett Coleman & Co.
Key Investors in Treebo Hotels
Accor
Accor is a global leader in hospitality, managing a diverse portfolio of over 45 hotel brands across 110+ countries, with a significant presence in luxury, premium, mid-scale, and economy segments. Founded in 1967 and headquartered in France, Accor focuses on sustainable growth and innovation in the travel industry.
Matrix Partners India
Matrix Partners India is an investment firm that focuses on early-stage companies in the Indian consumer and enterprise markets. With approximately $1 billion under management, they have a strong track record in backing successful financial services and technology ventures.
SAIF Partners
SAIF Partners is a private equity firm specializing in growth capital for companies in Asia, particularly in sectors like TMT, healthcare, and new technologies. They are known for supporting the development and expansion of regional businesses.
What's next for Treebo Hotels?
With the recent strategic investment and a cumulative funding of $80M, Treebo Hotels is poised for its next phase of growth. The company is likely to leverage this capital to expand its property portfolio, enhance its technological infrastructure, and potentially explore new markets or service offerings. This latest backing signals strong investor confidence in Treebo's business model and its capacity to navigate the dynamic hospitality landscape, aiming for sustained development and market leadership.
See full Treebo Hotels company page