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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
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 reached a $39.4M valuation in 2025, set during its M&A Offer round.
innRoad has raised $16.6M in total funding across 5 rounds, most recently a $3.7M Venture Round round in 2014.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $39.4M | - | |
| 2014 | Venture Round | $3.7M | - | - | |
| 2013 | Funding Round |
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| Advice for 20 year old self | - |
innRoad serves 350 customers.
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 generates an estimated $21.9M in annual revenue.
innRoad was founded by Frederik Roy Rasmussen.
The CEO of innRoad is Frederik Roy Rasmussen.
innRoad raised $16.6M across 5 rounds.
innRoad has 117 employees.
innRoad is headquartered in New York, New York, United States.
innRoad operates across multiple industries. Browse revenue, funding, and growth data for innRoad in each sector below.
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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Valuation
$39.4M
2021 Revenue
$21.9M(Est.)
Customers
350
Funding
$16.6M
Avg ACV
$62.6K
Team · 2024
117
Founded
2007
| Year | Milestone | Source |
|---|---|---|
| 2021 | innRoad Hit $21.9m revenue in October 2021 | Estimated |
| 2020 | innRoad Hit $13.1m revenue in August 2020 | |
| 2007 | Launched with $0 revenue |
| $4.6M |
| - |
| - |
| 2012 | Series B | $5.8M | - | - |
| 2012 | Venture Round | $550K | - | - |
| 2009 | Series A | $1.9M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 117 employees (December 2024) | |
| 2024 | Reached 192 employees (October 2024) | |
| 2023 | Reached 192 employees (September 2023) | |
| 2023 | Reached 236 employees (January 2023) | |
| 2022 | Reached 267 employees (January 2022) | |
| 2021 | Reached 211 employees (August 2021) | |
| 2020 | Reached 146 employees (December 2020) | |
| 2020 | Reached 146 employees (August 2020) | |
| 2020 | Reached 139 employees (June 2020) | |
| 2019 | Reached 166 employees (December 2019) | |
| 2018 | Reached 164 employees (December 2018) |
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