Hot Hotels Brings Funding Total to $1M, Plans International Expansion
Last-minute mobile-only hotel booking service Hot Hotels has received a seed investment from Axon Partners Group.
Prior to the injection of capital, the Spain-based company had received some financial support from Bolt Accelerator, Intelectium Business Acceleration, and ENISA public fund.
Hot Hotels says it will use the new fund to expand throughout Latin America and it will continue to increase its customer base in Europe.
CEO Conor O´Connor says:
“With this investment by Axon, we now have the firepower to establish clear water between ourselves and our competitors in Europe.
“With the expertise of Axon’s investment team, as well as its global network of offices, Axon provides a base to accelerate our roll-out in fast growing Latin America.”