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§ Private Profile · San Diego, CA, USA
Cloud-based hospitality management platform, offering booking engines and channel managers to streamline operations for properties.
Cloudbeds has raised $244.0M across 4 funding rounds.
Key people at Cloudbeds.
Cloudbeds has raised $244.0M in total across 4 funding rounds.
Based in San Diego, California, Cloudbeds develops a comprehensive cloud-based hospitality management platform that provides subscription-based software tools like booking engines and channel managers for hotels, hostels, and independent properties. The software company currently serves tens of thousands of lodging properties across more than 150 countries, enabling them to streamline daily operations, process guest payments, and manage digital reservations. Its software-as-a-service solutions are utilized by various global hospitality operators, including recognizable enterprise customers such as Centara Hotels and Resorts and HI Canada. Operating with a fully remote workforce of over 700 employees, the organization has raised more than $250 million in total funding to date. This capital was secured from prominent venture capital backers including Viking Global Investors, SoftBank Vision Fund, and PeakSpan Capital. Cloudbeds was founded in 2012 by Adam Harris and Richard Castle.
Key people at Cloudbeds.
Cloudbeds has raised $244.0M across 4 funding rounds. Most recently, it raised $150.0M Series D in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 3, 2021 | $150M Series D | Andrew Zloto | Counterpart Ventures, Echo Street, PeakSpan Capital, Viking Global Investors, Walleye Capital | Announced |
| Mar 1, 2020 | $82M Series C | Viking Global Investors | FINTOP Capital, Counterpart Ventures, Cultivation Capital, PeakSpan Capital, Recruit | Announced |
| Jun 1, 2017 | $9M Series B | Matt Melymuka | FINTOP Capital, ClearVision Equity Partners, Cultivation Capital, Nashville Capital Network, Ttcer Partners | Announced |
| Jul 1, 2016 | $3M Series A | — | FINTOP Capital | Announced |
Cloudbeds has raised $244.0M in total across 4 funding rounds.
Cloudbeds's investors include Andrew Zloto, Counterpart Ventures, Echo Street, PeakSpan Capital, Viking Global Investors, Walleye Capital, FINTOP Capital, Cultivation Capital, Recruit, Matt Melymuka, ClearVision Equity Partners, Nashville Capital Network.
Cloudbeds is a leading cloud-based property management system (PMS) for the hospitality industry, providing a unified platform that streamlines hotel operations, revenue management, distribution, and guest experiences.[1][2][3] It serves hotels, vacation rentals, hostels, and multi-property groups across 150 countries, solving pain points like fragmented tech stacks by automating reservations, check-ins, billing, housekeeping, and channel management through an intuitive dashboard with real-time analytics and AI-driven insights via Signals.[1][3] Growth momentum is strong, with scalable plans (One Plan, Experience Plan, Enterprise Plan), no commissions on direct bookings, and add-ons like digital marketing tools, positioning it as hospitality's "intelligent growth engine" for ambitious hoteliers.[3]
Cloudbeds emerged as an independent hospitality software developer focused on simplifying operations for property owners and operators, though specific founding year, founders, or early traction details are not detailed in available sources.[2][6] The company evolved by building a comprehensive PMS that integrates core functions like inventory sync across OTAs, mobile management, and reporting, addressing outdated tech limitations in hotels worldwide.[1][3] Pivotal growth came from expanding into AI-enhanced features like Signals for demand prediction and personalized guest journeys, alongside partnerships for multi-property oversight and digital tools.[3][5]
Cloudbeds rides the wave of hospitality digitization and AI adoption, capitalizing on post-pandemic demand for contactless operations, personalized stays, and data-driven revenue in a $1.5 trillion global market.[1][3] Timing aligns with OTAs' dominance and metasearch growth, where its no-commission channel manager and AI Signals enable smaller properties to compete with chains by optimizing yields and automating marketing.[3][5] It influences the ecosystem by fostering a partner marketplace, reducing reliance on disparate tools, and empowering independents (hotels, boutiques) with enterprise-grade features, thus democratizing efficient growth amid labor shortages and rising guest expectations.[1][2]
Cloudbeds is poised to expand AI capabilities like Signals for predictive analytics and automated personalization, targeting larger chains via Enterprise Plans while deepening digital marketing integrations.[3][5] Trends like mobile-first hospitality, sustainable operations, and Web3 bookings will shape its path, potentially through enhanced APIs and global expansions.[1] Its influence may evolve from operational backbone to full revenue ecosystem leader, challenging incumbents as hotels prioritize unified, intelligent platforms—reinforcing its role as the growth engine for a tech-empowered industry.[3]
