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Oaky has raised $10.0M across 1 funding round.
Key people at Oaky.
Oaky has raised $10.0M in total across 1 funding round.
Oaky provides a hyper-personalized and automated upselling software solution for the hospitality industry. Their platform integrates with hotel property management systems to enable hotels to generate additional revenue by offering tailored upsell opportunities and services to guests at various stages of their journey. This approach allows hotels to enhance the guest experience while efficiently increasing their average transaction value through intelligent automation.
The company was founded by a team of passionate travelers and experts in both hospitality and technology, based in Amsterdam. Their foundational insight stemmed from recognizing the untapped potential for hotels to improve profitability and guest satisfaction by proactively offering relevant upgrades and ancillary services. This led to the development of a system designed to streamline the upselling process and make it more effective for hoteliers.
Oaky serves hotels and resorts globally, empowering them to drive incremental revenue from their existing customer base. The company's vision centers on transforming how hotels interact with guests for commercial benefit, ensuring that every guest receives personalized offers that align with their preferences and enhance their stay. They aim to continue developing solutions that optimize revenue streams through intelligent guest engagement.
Key people at Oaky.
Oaky has raised $10.0M in total across 1 funding round.
Oaky's investors include PeakSpan Capital.
Oaky has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in February 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2020 | $10M Series A | — | PeakSpan Capital | Announced |
Oaky is a hotel-focused upselling software company that builds a personalized, automated platform to increase ancillary revenue for hotels and improve guest experience; it was founded in 2013 in Amsterdam and has since been acquired by Plusgrade to join a unified upselling platform for travel and hospitality clients[2][6][3].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick takeaway: Oaky transformed a hotel pain point into a product category—personalized, automated upselling—and with Plusgrade’s acquisition it’s positioned to scale into a broader, cross‑travel ancillary revenue platform while continuing to push personalization and integration as key levers for hotel revenue growth[6][3].
(If you’d like, I can produce a one‑page investor brief or a competitor comparison table that contrasts Oaky/Plusgrade with other hotel ancillary‑revenue vendors.)