Revinate

Revinate

CRM and marketing automation for hospitality

About Revinate

Simplify's Rating
Why Revinate is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Education

Company Size

201-500

Company Stage

Series C

Total Funding

$42.3M

Headquarters

San Francisco, California

Founded

2009

Overview

Revinate provides customer relationship management (CRM) and marketing automation solutions specifically designed for the hospitality industry, including hotels and resorts. Their software helps clients enhance guest experiences and optimize revenue by using data-driven insights and personalized marketing campaigns. Revinate's platform unifies guest data, manages online reviews, and increases booking conversions through features like guest feedback management and reputation management. Unlike many competitors, Revinate focuses solely on the hospitality sector, allowing them to tailor their services to meet the unique needs of hoteliers. The company's goal is to help clients achieve higher revenue per recipient and significant returns on investment through smart segmented campaigns and rich guest profiles.

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Simplify's Take

What believers are saying

  • Growing demand for personalized guest experiences boosts Revinate's CRM adoption.
  • AI-driven messaging solutions enhance guest satisfaction and communication.
  • Data analytics in hospitality aligns with Revinate's data-driven insights offerings.

What critics are saying

  • Increased competition from AI-driven CRM solutions challenges Revinate's market position.
  • Technical challenges in integrating Go Moment's AI solution may disrupt service quality.
  • Rising data privacy concerns could impact Revinate's operations and client trust.

What makes Revinate unique

  • Revinate specializes in CRM and marketing automation for the hospitality industry.
  • The company offers SaaS solutions that unify guest data and manage online reviews.
  • Revinate's acquisition of Go Moment enhances its AI-driven guest communication capabilities.

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Funding

Total Funding

$42.3M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$13M
Revinate
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Short & Long Term Disability insurance

Life insurance

Unlimited Paid Time Off

Home Office Stipend

Telehealth access

Employee Assistance Program (EAP)

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%
PhocusWire
Nov 17th, 2021
Revinate acquires AI messaging solution Go Moment

The combined company will be called Revinate and Go Moment CEO Raj Singh will become chief strategy officer.

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