ROH is a technology company offering a cloud-based payments management platform tailored for the hospitality industry. It builds software that automates sales, payments, and finance workflows for hotels, enabling property teams to manage bookings, track payments, reconcile invoices, and forecast revenue in one integrated system[6]. Serving innovative operating groups, hospitality brands, and individual hotels managing over 20,000 rooms and 2 million square feet, ROH solves the problem of fragmented systems and manual processes that hinder profitability in hospitality revenue streams, boosting sales conversion while cutting administrative costs[6].
ROH emerged as a specialized fintech solution for hospitality, though specific founding details like year or founders are not detailed in available sources. Its development focuses on addressing longstanding pain points in hotel payments and finance, positioning it as the industry's first dedicated payments management platform that connects sales, service, and back-office teams[6]. Early traction is evident from adoption by major operators, including branded groups with 23 assets and resorts with 680 rooms, highlighting pivotal moments in scaling to manage complex revenue cycles efficiently[6].
ROH rides the wave of hospitality fintech transformation, where digital payments and automation are critical amid rising operational complexities post-pandemic. Timing aligns with hotels' push for profitability through data-driven tools, as manual finance processes lag behind modern revenue management systems[6]. Market forces like portfolio consolidation and demand for scalable cloud solutions favor ROH, influencing the ecosystem by setting a standard for cross-departmental collaboration and enabling operators to prioritize revenue over admin[6].
ROH is poised to expand as hospitality increasingly adopts AI-driven platforms for revenue optimization, potentially integrating deeper with PMS and CRM systems. Trends like real-time analytics and mobile-first tools will shape its growth, evolving its influence from niche payments manager to essential infrastructure for global hotel chains. This positions ROH to unlock even greater profitability in a sector hungry for tech efficiency, building directly on its core mission to make every hotel more profitable[6].
ROH has raised $11.0M in total across 1 funding round.
ROH's investors include 1Sharpe Ventures.
ROH has raised $11.0M across 1 funding round. Most recently, it raised $11.0M Series A in September 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2022 | $11.0M Series A | 1Sharpe Ventures |
