Apaleo news
Apaleo has raised €20 million in a growth equity investment round led by PSG Equity, a leading growth equity firm that specialises in partnering with software and technology-enabled services companies to help navigate and capitalise on transformational growth. Existing investors Redalpine, FOMCAP IV, and Rockaway Ventures also participated in the round.
Apaleo secures €20 million growth equity investment led by PSG
The funding will allow Apaleo to accelerate its international expansion, attract top-tier talent, and further develop its cutting-edge platform.
Petra Hancz
Apaleo surpasses 1,500 properties across 30 countries in continued expansion
Apaleo is excited to announce its continued growth and expansion, with over 1,500 hotels and serviced apartments now leveraging its open property management platform. This milestone reinforces Apaleo’s position as a driving force in hospitality technology.
Apaleo partners with Fraunhofer IAO to drive AI innovation in hospitality
The partnership with Fraunhofer IAO aims to bring practical AI applications to the hotel industry, enabling hoteliers to achieve their business goals and accelerate their operations.
Apaleo achieves SOC 2 Type 2 certification, elevating enterprise readiness
Apaleo's attainment of SOC 2 Type 2 certification is essential to its global expansion as it enables Apaleo to meet the stringent security requirements of multinational enterprise-level customers.
Apaleo hits 1,000 properties milestone, doubling its portfolio in 18 months
Apaleo has announced a major milestone: 1,000 hotels and serviced apartments are now using its open property management platform for hospitality, marking a doubling of locations in just 18 months.
Thibault Gence
Apaleo extends its Series A to €9 million to fuel further growth into hotel groups across Europe
Apaleo, The open hospitality platform, announces it has extended its Series A funding to €9 million. Apaleo selected Rockaway Ventures and Serpentine Ventures to lead the round with returning investors including redalpine, and Force Over Mass Capital.