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Placemakr

Placemakr

Online platform for making reservations

About

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. Unlike many competitors, Placemakr focuses on user experience with its aesthetically pleasing interface and efficient functionality. The company's goal is to simplify the booking process for users while generating revenue through fees charged to businesses for using the platform.

Company Stage

Seed

Employees

51-200

Industries

Consulting, Design, Real Estate

Total Funding

$283.3M

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.

Growth & Insights
Headcount

6 month growth

24%

1 year growth

17%

2 year growth

12%

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