Placemakr

Placemakr

Online platform for making reservations

About Placemakr

Simplify's Rating
Why Placemakr is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Rating Differentiation

Industries

Consumer Software

Fintech

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$188.9M

Headquarters

Washington, District of Columbia

Founded

2017

Overview

Placemakr provides an online booking platform that allows users to make reservations for various services, including restaurants, hotels, and appointments. The platform features a clean and modern design, making it easy for customers to navigate and book their desired services. Users can quickly engage with the service through a prominently displayed 'Book Now' button. Placemakr targets both individuals and businesses, offering a streamlined booking process that caters to a wide range of industries. The company likely charges 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 experience for users but also helps businesses attract more customers. Placemakr aims to enhance the efficiency of the booking process while providing a valuable service to its clients.

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Simplify's Take

What believers are saying

  • Placemakr's expansion in Texas increases its geographic footprint and market presence.
  • The integration of Amazon's Just Walk Out technology enhances guest convenience and experience.
  • Partnerships with developers like Weston Urban support urban revitalization and mixed-use projects.

What critics are saying

  • Increased competition from flexible-stay operators like Sonder and Lyric.
  • Potential regulatory backlash against converting residential buildings into short-term rentals.
  • Economic downturns could reduce travel spending, impacting occupancy and revenue.

What makes Placemakr unique

  • Placemakr combines luxury apartment amenities with hotel services for a unique lodging experience.
  • The company offers pop-up hotels in newly built, luxury apartment buildings.
  • Placemakr's platform features a modern design and user-friendly booking interface.

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Funding

Total Funding

$188.9M

Above

Industry Average

Funded Over

4 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Phone/Internet Stipend

Stock Options

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

0%

2 year growth

-4%
PR Newswire
Feb 4th, 2025
The Continental, Powered By Placemakr Set To Launch In San Antonio

Innovative hospitality leader unveils 28-flexible stay units in downtown revitalization project with Weston UrbanWASHINGTON, Feb. 4, 2025 /PRNewswire/ -- Placemakr , a flexible-use hospitality and multifamily operator, today announced the launch of its newest property in San Antonio, The Continental, powered by Placemakr. Launching in partnership with Weston Urban, this property will be a part of the new Continental Block Development, breathing new life into one of San Antonio's architectural gems, transforming the historic Continental Hotel into 28-cutting edge, furnished apartment units for short-term hospitality stays. Guests can now book these apartment-style accommodations, with studio and one or two-bedroom units available for stays beginning in March.The Continental, powered by Placemakr is the first phase of Weston Urban's ambitious 1.9-acre redevelopment project to open, which includes 290 mixed-income housing units and 22,000 square feet of retail and commercial space. This project dovetails into the nearby University of Texas at San Antonio downtown campus expansion and recently completed San Pedro Creek restoration, all of which are injecting new vitality into the downtown area."Being a part of this restoration project with Weston Urban is exciting for us at Placemakr because it gives us the opportunity to bring an innovative concept into an iconic historic building," said Jason Fudin, CEO and Co-founder of Placemakr. "This launch is set to rejuvenate not just only the building itself, but the entire surrounding area, enabling guests and residents to get the most out of this super cool neighborhood in San Antonio."Weston Urban announced the commencement of the Continental Block Development in August of 2023 with plans to renovate two historic buildings alongside a new construction 16-story residential building

PR Newswire
Jun 13th, 2024
Placemakr Welcomes W. Edward Walter To Its Board Of Directors

Former Urban Land Institute Global CEO will leverage his extensive experience in the real estate industry to advise the business as it continues to scaleWASHINGTON, June 13, 2024 /PRNewswire/ -- Placemakr, a flexible-use hospitality and multifamily operator, today announced the addition of W. Edward Walter to its Board of Directors. Walter will help the company focus on scale and furnished operations as Placemakr continues to expand its geographic footprint and grow its real estate holdings."We're thrilled to welcome Ed to our board as he brings an unparalleled understanding of real estate and a wealth of hospitality experience," said Jason Fudin, CEO and Co-founder of Placemakr. "Ed will be crucial to our continued success as we look to expand into new markets and bring new experiences to guests and residents".Edward Walter previously served as the Global CEO of The Urban Land Institute (ULI), a global nonprofit research and education organization that helps its members and their partners build more equitable, sustainable, healthy, and resilient communities. Walter retired from ULI in November 2022. Before that, he spent two decades at Host Hotels & Resorts Inc, including 9 as President & CEO

Hotel Business
May 10th, 2024
Placemakr Expands In Texas With Four New Properties

Placemakr, a flexible-use hospitality and multi-family operator, will expand across Texas with four new property launches, bringing the company’s total operations to more than 800 units in the state.The expansion includes the acquisition of Placemakr Downtown Austin, formerly named 3Waller, a 259-unit property in the heart of downtown Austin, marking the 6th property acquisition for Placemakr. The expansion also includes Placemakr’s first smaller property launch (24 units) as part of a new brand concept, “Hosted by Placemakr.” Lastly, Placemakr will also manage its first two exclusively residential properties in Texas.Placemakr Downtown Austin, will operate as one of the company’s core line of apartment-style hotels, providing a blended experience of home and hospitality for short-term and extended-stay travelers. This property combines the best of East Austin and downtown in the lively Rainey Street area with close proximity to the Convention Center. The building features fully furnished studio, 1-bedroom, and 2-bedroom units; and amenities such as an outdoor pool, fitness center, guest lounge, co-working space and a communal kitchen with dining and entertaining space. CBRE’s Austin office, led by Charles Cirar and Colin Cannata advised Placemakr on its acquisition, and the seller, Transwestern Development Company, was represented by JLL.“Our expansion in Central Texas is a pivotal moment in our journey towards redefining home and hospitality. At Placemakr, we envision a future that is flex-use, seamlessly blending home and hospitality through technology; the launch of these properties is a testament to that commitment

PR Newswire
Apr 25th, 2024
Marymount University And Placemakr Introduce Amazon'S Just Walk Out Technology At Marymount Ballston Property

Grand Opening of the Saints 24 Store on Friday, April 26ARLINGTON, Va., April 25, 2024 /PRNewswire/ -- Marymount University and Placemakr, a flexible-use hospitality and multifamily operator, announce the grand opening of the Saints 24 convenience store at the Marymount Ballston Center campus. This store marks the first use of Amazon's Just Walk Out technology at a Placemakr property and the second installation at Marymount University. Introducing this innovative solution showcases Marymount's continued collaboration with best-in-class partners to provide exemplary service to students and guests and Placemarkr's commitment to innovative tech solutions that enhance the guest experience."We are proud to lead once again the charge of incorporating Amazon's Just Walk Out technology at Marymount University. In support of our extended stay hotel, Placemakr Marymount Ballston, and collaboration with our partners, our Ballston Center campus will utilize this technology to improve selection and enhance the experience of our students and guests," said Dr. Irma Becerra, President of Marymount University. "Marymount is fully embracing a tech-forward future and striving to bring partnerships to the University to fulfill this vision."In the lobby of Placemakr at Marymount's Ballston Center campus, Saints 24 offers a seamless and effortless shopping experience for guests and students

Hospitality Net
Mar 18th, 2024
lacemakr NoMa Opens in Washington DC

Placemakr is partnering with MMg Development to bring this apartment hotel to life in the NoMa neighborhood.

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