Apaleo has a open, API-based cloud platform , which allows hotels and serviced apartments to put together a customized technology stack. Apaleo's property management and payment system is complemented by the integration of third-party applications and in-house solutions. In this way, the startup aims to enable each hotel to individually realize its ideal guest experience and optimal employee experience. Martin Reichenbach, Co-Founder and COO of the company, says:
"We are proud that Apaleo is continuing to grow despite the worst crisis our industry has ever experienced. Having three renowned investors on board enables us to further develop our disruptive platform."
Investors are “very impressed” by Apaleo
Lucas Stoops, Investment Manager at Force Over Mass, commented:
"We are very impressed with Apaleo's flexible, API-based platform, which is enjoying strong demand despite the widespread difficulties in the hotel and lodging industry. Apaleo's offering stands out for its scalability and the excitement it generates among customers and developers alike. Apaleo's team is extremely impressive, and we look forward to joining their journey."
The startup wants to use the new financing “to significantly improve the platform again and expand our community of hoteliers and app developers,” explains founder Reichenbach. Uli Pillau, Co-Founder and CEO of Apaleo, adds:
“We will continue the disruption together with our forward-thinking community, which has been driving our strategy since Apaleo was founded.”
