Latka logo

Valuation

$11.1M

2021 Revenue

$3.7M

Customers

5K

Funding

$0

Avg ACV

$739

Team

44

Founded

2007

How Hotel Effectiveness Solutions CEO Mike Martin grew to $3.7M revenue and 5K customers in 2021.

Developer of labor management software for hotels. The company's software facilitates real-time labor monitoring, scheduling, and time and attendance management, along with a dedicated portal for employees, enabling hoteliers to reduce labor costs by proper management.

Last updated

Hotel Effectiveness Solutions Revenue

In 2021, Hotel Effectiveness Solutions's revenue reached $3.7M. Since its launch in 2007, Hotel Effectiveness Solutions has shown consistent revenue growth.

Hotel Effectiveness Solutions Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M20072009201120132015201720192021$0$4MSource: GetLatka.com
YearMilestoneQuote
2021Hotel Effectiveness Solutions Hit $3.7m revenue in April 2021
2007Launched with $0 revenue

Hotel Effectiveness Solutions Valuation, Funding Rounds

Hotel Effectiveness Solutions's most recent disclosed valuation is $11.1M.

Hotel Effectiveness Solutions is a bootstrapped Hospitality Software startup. Founded in 2007, Hotel Effectiveness Solutions has grown to $3.7M in revenue without raising any venture capital or outside funding.

As a self-funded Hospitality Software SaaS company, Hotel Effectiveness Solutions has built its business with no outside investment.

Hotel Effectiveness Solutions Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12007Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Mike Martin

Mike Martin is the CEO/Co-Founder at Hotel Effectiveness Solutions.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Hotel Effectiveness Solutions serves 5K customers.

Hotel Effectiveness Solutions Employees & Team Size

Hotel Effectiveness Solutions employs approximately 44 people as of 2026, including 5 sales reps that carry a quota. It serves 5K customers that rely on its solutions.

Hotel Effectiveness Solutions Team GrowthReported headcount over time0102030405020072009201120132015201720192021004444Source: GetLatka.com
YearMilestone
2021Reached 44 employees (April 2021)

Frequently Asked Questions about Hotel Effectiveness Solutions

What is Hotel Effectiveness Solutions's revenue?

Hotel Effectiveness Solutions generates $3.7M in revenue.

Who founded Hotel Effectiveness Solutions?

Hotel Effectiveness Solutions was founded by Mike Martin.

Who is the CEO of Hotel Effectiveness Solutions?

The CEO of Hotel Effectiveness Solutions is Mike Martin.

How much funding does Hotel Effectiveness Solutions have?

Hotel Effectiveness Solutions raised $0.

How many employees does Hotel Effectiveness Solutions have?

Hotel Effectiveness Solutions has 44 employees.

Where is Hotel Effectiveness Solutions headquarters?

Hotel Effectiveness Solutions is headquartered in United States.

Compare Hotel Effectiveness Solutions to the industry

Hotel Effectiveness Solutions operates across multiple industries. Browse revenue, funding, and growth data for Hotel Effectiveness Solutions in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

Claim this profile