Amsterdam-based Katanox, a company that facilitates the distribution of travel accommodation inventory and payments, announced on Thursday that it has raised $5.7M (approximately €5.48M) from a group of financial, hospitality, and tech entrepreneur family offices.
The group of investors includes Rappi and Yuno co-founder Juan Pablo Ortega, co-founder of fintech Dimebox and current co-founder and CEO of Founda, Jan Joost Kalff, and founder of hospitality tech iTesso, Bas Blommaart.
“Katanox makes selling hotel rooms effortless”
Founded in 2019 by Georgios Georgiadis, Paul Beukers, Imre Vogelezang, and Mendel Senf, Katanox is a travel accommodation distribution and fintech platform that brings together travel sellers and travel accommodation providers. The platform aims to unlock the programmatic era for B2B distribution in hospitality.
Mendel Senf says, “Out of necessity, we’ve seen many advancements and improvements in the travel sector spurred on by technology and digitalisation. However, when it comes to lodging, it’s the safe middle-men who are controlling the market and stifling growth. We’re bringing much-needed change to the market by putting power back in the hands of accommodation providers by empowering them to control their own destination via the Katanox platform.”