Placemakr

Placemakr

Online platform for making reservations

About

Placemakr provides an online booking platform that allows users to make reservations for various services, such as restaurants, hotels, and appointments. The platform features a clean and modern design, with a user-friendly interface that highlights a prominent 'Book Now' button to encourage engagement. It targets both individuals and businesses looking for an efficient booking process. Placemakr operates by charging businesses a fee for using its platform, which can be a flat rate or a percentage of each booking. This model not only simplifies the booking process for businesses but also helps them attract more customers. Placemakr aims to enhance the user experience while offering a versatile tool that serves a wide range of industries.

Company Stage

N/A

Employees

51-200

Industries

Consumer Software, Fintech

Total Funding

$183.7M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The addition of W. Edward Walter to the Board of Directors brings invaluable real estate and hospitality expertise, potentially accelerating Placemakr's growth and market penetration.
  • The company's innovative pop-up hotel concept provides a unique and flexible accommodation option, appealing to a wide range of customers and increasing occupancy rates.
  • Placemakr's collaboration with Marymount University to implement cutting-edge technology enhances its reputation as a tech-forward company, attracting tech-savvy customers and partners.

What critics are saying

  • The rapid expansion into new markets and property acquisitions could strain Placemakr's operational capabilities and financial resources.
  • The reliance on innovative technologies like Amazon's Just Walk Out could pose integration challenges and potential technical issues.

What makes Placemakr unique

  • Placemakr's integration of Amazon's Just Walk Out technology at its properties showcases its commitment to innovative tech solutions, setting it apart from traditional booking platforms.
  • The company's flexible-use hospitality model, blending apartment living with hotel stays, offers a unique value proposition in the hospitality industry.
  • Placemakr's strategic expansion into key markets like Texas and Washington, DC, demonstrates its aggressive growth strategy and ability to scale effectively.

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Growth & Insights
Headcount

6 month growth

12%

1 year growth

18%

2 year growth

15%

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