Valuation
$39.4M
2021 Revenue
$21.9M
Customers
350
Funding
$16.6M
Avg ACV
$62.6K
Team
117
Founded
2007
How innRoad CEO Frederik Roy Rasmussen grew innRoad 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.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | innRoad Hit $21.9m revenue in October 2021 | |
| 2020 | innRoad Hit $13.1m revenue in August 2020 | |
| 2007 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2014 | Venture Round | $3.7M | - | - | |
| 2013 | Funding Round | $4.6M | - | - | |
| 2012 | Series B | $5.8M | - | - | |
| 2012 | Venture Round | $550K | - | - | |
| 2009 | Series A | $1.9M | - | - |
Founder / CEO
Frederik Roy Rasmussen
Frederik Roy Rasmussen is listed as Founder / CEO at innRoad.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 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) |
Frequently Asked Questions about innRoad
What is innRoad's revenue?
innRoad generates $21.9M in 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.
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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