Dublin-headquartered travel software firm Roomex has raised €8m in funding that will be used to develop its booking platform and drive expansion into new markets.
The Series A funding round was led by Draper Esprit, with support from existing shareholders Frontline Ventures and Harmony Capital.
The Roomex platform provides SMEs with an automated, frictionless way for companies to manage their corporate travel, from booking to billing.
99% of all their bookings are processed without any human intervention from Roomex.
This latest investment follows the €2.5m raised by Roomex in 2016, led by Frontline Ventures and backed by technology entrepreneurs Paddy Holahan and Bobby Healy, together with ongoing support from both Enterprise Ireland and Bank of Ireland.
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