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Valuation

$39.4M

2021 Revenue

$21.9M

Customers

350

Funding

$16.6M

Avg ACV

$62.6K

Team · 2024

117

Founded

2007

How innRoad CEO Frederik Roy Rasmussen grew to $21.9M revenue and 350 customers in 2021.

innRoad's leading Property Management system and Hotel Reservation system combines property management, global distribution, and booking engine in one system serving hotels.

Last updated

innRoad Revenue

In 2021, innRoad's revenue reached $21.9M. The company previously reported $13.1M in 2020. Since its launch in 2007, innRoad has shown consistent revenue growth.

innRoad Revenue GrowthReported revenue / ARR over time$0$5M$10M$15M$20M$25M20072009201120132015201720192021$0$21.9MSource: GetLatka.com
YearMilestoneQuote
2021innRoad Hit $21.9m revenue in October 2021
2020innRoad Hit $13.1m revenue in August 2020
2007Launched with $0 revenue

innRoad Valuation, Funding Rounds

innRoad's most recent disclosed valuation is $39.4M.

innRoad has raised $16.6M in total funding across 5 rounds, most recently a $3.7M Venture Round round in 2014.

innRoad Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$4M$0.4$8M$0.6$12M$0.8$16M$1$20M20072008200920102011201220132014Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2014Venture Round$3.7M--
2013Funding Round$4.6M--
2012Series B$5.8M--
2012Venture Round$550K--
2009Series A$1.9M--

Founder / CEO

Frederik Roy Rasmussen

CEO

Frederik Roy Rasmussen is listed as CEO at innRoad.

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Customers

innRoad serves 350 customers.

innRoad Employees & Team Size

innRoad employs approximately 117 people as of 2026, down from 192 in 2023, including 14 sales reps that carry a quota. It serves 350 customers that rely on its solutions.

innRoad Team GrowthReported headcount over time060120180240300200720092011201320152017201920212023202400117117Source: GetLatka.com
YearMilestone
2024Reached 117 employees (December 2024)
2024Reached 192 employees (October 2024)
2023Reached 192 employees (September 2023)
2023Reached 236 employees (January 2023)
2022Reached 267 employees (January 2022)
2021Reached 211 employees (August 2021)
2020Reached 146 employees (December 2020)
2020Reached 146 employees (August 2020)
2020Reached 139 employees (June 2020)
2019Reached 166 employees (December 2019)
2018Reached 164 employees (December 2018)

Frequently Asked Questions about innRoad

What is innRoad's revenue?

innRoad generates an estimated $21.9M in annual revenue.

Who founded innRoad?

innRoad was founded by Frederik Roy Rasmussen.

Who is the CEO of innRoad?

The CEO of innRoad is Frederik Roy Rasmussen.

How much funding does innRoad have?

innRoad raised $16.6M across 5 rounds.

How many employees does innRoad have?

innRoad has 117 employees.

Where is innRoad headquarters?

innRoad is headquartered in New York, New York, United States.

Compare innRoad to the industry

innRoad operates across multiple industries. Browse revenue, funding, and growth data for innRoad 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.

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innRoad Revenue 2021: $21.9M ARR, $39.4M Valuation