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RedDoorz is a technology company.
RedDoorz operates as a technology-driven hotel management and booking platform across Southeast Asia. The company partners with property owners, rebranding existing accommodations under its umbrella and providing a proprietary Property Management System to enhance operational efficiency. This approach allows RedDoorz to standardize offerings within the affordable lifestyle segment, aiming to deliver consistent, design-led experiences for guests. It integrates technology to optimize various aspects of hotel operations.
Founded in 2015 by Amit Saberwal and Kunwar Asheesh Saxena, RedDoorz emerged from an insight into the fragmented budget accommodation market. Amit Saberwal leveraged his background as a hotelier and his experience in the travel technology sector to identify the opportunity. The founders recognized a gap for a consolidated, standardized, and affordable lodging option that could cater to a growing demand for reliable yet budget-friendly stays in the region.
RedDoorz primarily serves travelers seeking quality budget hotels and backpackers, while also supporting property owners by improving their occupancy and operational management. The company’s vision centers on creating an ecosystem that benefits both guests and partners, aiming to provide a great and consistent experience for customers across its properties. It utilizes technology, including AI-driven dynamic pricing, to maintain affordable rates for guests and optimize partner revenue.
RedDoorz has raised $173.6M across 9 funding rounds.
RedDoorz has raised $173.6M in total across 9 funding rounds.
RedDoorz is a technology-driven hospitality company that aggregates and standardizes budget hotels across Southeast Asia, primarily in Indonesia and the Philippines, offering affordable, quality accommodations with consistent amenities like Wi-Fi, TV, and clean facilities.[1][2][4] It serves budget-conscious travelers by solving the problem of fragmented, inconsistent low-cost lodging through partnerships with property owners, providing them training, technology, and branding to boost occupancy and efficiency; as of early 2025, it manages 4,500 properties, with strong growth evidenced by 50% year-over-year revenue increase in 2022 and over 1 million app downloads.[1][2]
RedDoorz was founded in July 2015 in Jakarta, Indonesia, by Amit Saberwal (current CEO) and Asheesh Saxena, both former executives at MakeMyTrip, an Indian online travel agency; it emerged from Commeasure, Saberwal's prior venture that built a platform to help budget hotels expand online presence.[2] The idea addressed Indonesia's fragmented budget hotel market by standardizing properties with technology for bookings, pricing, and operations, inspired by chain hotel models; early traction came quickly, with over 500 properties in Indonesia by May 2017, headquarters relocation to Singapore that year, and expansions to the Philippines (2018) and Vietnam (2018).[1][2] Key funding milestones included $1 million in venture debt in 2017 and $11 million in a pre-Series B round in 2018 from investors like Susquehanna International Group and Jungle Ventures.[2]
RedDoorz rides the wave of Southeast Asia's booming digital travel and hospitality sector, fueled by rising middle-class tourism, smartphone penetration, and post-pandemic recovery in Indonesia—the region's largest economy with massive domestic travel demand.[1][2][3] Its timing aligns with the fragmentation of unbranded budget lodging (thousands of independent properties), where tech standardization creates a moat against competitors like NIDA Rooms or Traveloka by blending aggregation with operational upgrades.[2][4] Market forces like urbanization, affordable air travel, and e-commerce growth favor it, while RedDoorz influences the ecosystem by elevating small hoteliers' viability, driving digital adoption, and setting benchmarks for tech-enabled hospitality in emerging markets.[1][3]
RedDoorz is poised for continued expansion, potentially surpassing 5,000 properties by leveraging AI-driven pricing and personalization amid Southeast Asia's tourism rebound. Trends like sustainable travel tech and regional economic integration will shape its path, with opportunities in adjacent services like payments or loyalty programs. Its influence may evolve from aggregator to full-stack platform, solidifying its role as the go-to for affordable, reliable stays and empowering more local operators in a high-growth market.
RedDoorz has raised $173.6M in total across 9 funding rounds.
RedDoorz's investors include Asia Partners, Jungle Ventures, Mirae Asset-Naver, SIG Venture Capital, Oliver Rippel, Rakuten Capital, Golden Gate Ventures, DeepSky Capital, FengHe Fund Management, Hendale Capital, InnoVen Capital, Susquehanna International Group.
RedDoorz has raised $173.6M across 9 funding rounds. Most recently, it raised $28.2M Other Equity in April 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 8, 2024 | $28.2M Other Equity | Asia Partners, Jungle Ventures, Mirae Asset-Naver, SIG Venture Capital | |
| Aug 18, 2019 | $70.0M Series C | Oliver Rippel | Mirae Asset-Naver, Rakuten Capital |
| Feb 1, 2019 | $45.0M Series B | Golden Gate Ventures, Jungle Ventures | |
| Mar 5, 2018 | $11.0M Pre-Series A | DeepSky Capital, FengHe Fund Management, Hendale Capital, InnoVen Capital, Jungle Ventures, Susquehanna International Group, World Bank | |
| Mar 1, 2018 | $11.0M Series A | Golden Gate Ventures, Jungle Ventures | |
| Apr 3, 2017 | $1.0M Debt | Chin Chao | |
| Nov 1, 2016 | $5.0M Series A | Golden Gate Ventures, Jungle Ventures | |
| Jan 15, 2016 | $1.4M Other Equity | ||
| Sep 1, 2015 | $1.0M Seed | Bungalow Capital, Golden Gate Ventures, Jungle Ventures |