Apaleo expands its Series A round to €9 million to fuel further growth into hotel groups across Europe
(Munich, March 1st 2023). Apaleo, The open hospitality platform, announces a growth equity round bringing its Series A funding to €9 million. Apaleo selected new growth investors, Rockaway Ventures and Serpentine Ventures to lead the round with returning investors including Redalpine, and Force Over Mass Capital. Several high-profile angel investors from the hospitality industry have also joined the round. The funding will primarily be used to further develop the platform for hotel & serviced apartment chains as well as accelerate expansion throughout Europe.
Source: hospitalitynet.org
