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Yanolja operates as a comprehensive travel enablement platform, offering innovative solutions for both travelers and hospitality businesses. The company leverages data and AI-powered Software-as-a-Service (SaaS) to streamline operations, optimize revenue, and enhance guest experiences across the hospitality and leisure industries. Its core technology facilitates bookings and provides management solutions for various types of accommodations, serving as a critical infrastructure provider in the global travel ecosystem.
The company was founded in 2005 by Sujin Lee, whose personal experiences working as a motel janitor provided the foundational insight for Yanolja. Witnessing the inefficiencies and fragmented nature of the accommodation sector, Lee envisioned a digital platform that could modernize and standardize the booking and management processes, initially focusing on the Korean lodging market. This direct exposure to the industry's operational challenges fueled his ambition to transform it.
Yanolja serves a broad customer base, including individual travelers seeking accommodation and numerous travel enterprises, from hotels to tour operators, who utilize its B2B transaction solutions. The company's vision extends to continually transforming the global hospitality industry by connecting diverse stakeholders through advanced technology and integrated services, aiming to create a more accessible and efficient travel experience worldwide.
Yanolja has raised $1.9B across 6 funding rounds.
Key people at Yanolja.
Yanolja was founded in 2005 by Lee Su-jin (Co-Founder).
Yanolja has raised $1.9B in total across 6 funding rounds.
Yanolja is valued at approximately $67.0M.
Yanolja operates as a comprehensive travel enablement platform, offering innovative solutions for both travelers and hospitality businesses. The company leverages data and AI-powered Software-as-a-Service (SaaS) to streamline operations, optimize revenue, and enhance guest experiences across the hospitality and leisure industries. Its core technology facilitates bookings and provides management solutions for various types of accommodations, serving as a critical infrastructure provider in the global travel ecosystem.
The company was founded in 2005 by Sujin Lee, whose personal experiences working as a motel janitor provided the foundational insight for Yanolja. Witnessing the inefficiencies and fragmented nature of the accommodation sector, Lee envisioned a digital platform that could modernize and standardize the booking and management processes, initially focusing on the Korean lodging market. This direct exposure to the industry's operational challenges fueled his ambition to transform it.
Yanolja serves a broad customer base, including individual travelers seeking accommodation and numerous travel enterprises, from hotels to tour operators, who utilize its B2B transaction solutions. The company's vision extends to continually transforming the global hospitality industry by connecting diverse stakeholders through advanced technology and integrated services, aiming to create a more accessible and efficient travel experience worldwide.
Key people at Yanolja.
Yanolja was founded in 2005 by Lee Su-jin (Co-Founder).
Yanolja has raised $1.9B in total across 6 funding rounds.
Yanolja is valued at approximately $67.0M.
Yanolja's investors include Greg Moon, SoftBank, Booking Holdings, GIC.
Yanolja has raised $1.9B across 6 funding rounds. Most recently, it raised $1.7B Other Equity in July 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 25, 2018 | ZEN Rooms | $15.0M Other Equity | Yanolja | — |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 17, 2021 | $1.7B Other Equity | Greg Moon | |
| Jul 1, 2021 | Netskope Valuation 2021-07-01 | SoftBank, Greg Moon | |
| Jul 1, 2021 | Yanolja Valuation 2021-07-01 | SoftBank, Greg Moon | |
| Jul 1, 2021 | DataRobot Valuation 2021-07-01 | SoftBank, Greg Moon | |
| Jul 1, 2021 | 1Password Valuation 2021-07-01 | SoftBank, Greg Moon | |
| Jun 10, 2019 | $180.0M Series D | Booking Holdings, GIC |
