The open Hospitality Property Management PlatformThe open Hospitality Property Management Platform

Why Serpentine Ventures Invested in Apaleo, the open Property Management Platform

03.03.2023Maximilian Boelck & José Maria Toti

We are pleased to announce our investment in Apaleo, the API-first property management platform that is revolutionizing the way hotels and vacation rental properties manage their operations.

Apaleo is a first-of-its-kind in accommodation technology. Differently from the rest of the market, it focuses on providing the core functions of property management, at scale and with the best integration experience: bookings, finance, payments, distribution and profile. Hotel and alternative accommodation operators can then design the ideal technology stack around it.

Here are several reasons why we at Serpentine Ventures invested in Apaleo:

  • Growing Demand: With ever-growing guest and staff expectations towards digital experiences, the need for an efficient and flexible property management solution is on the rise. Apaleo and its ecosystem cater to this demand by streamlining processes for staff and enabling self-service capabilities for guests.
  • Scalability: Apaleo is designed to be scalable, making it an attractive investment opportunity for us at Serpentine Ventures. The platform can accommodate the needs of both small and large operators and has the potential to grow and expand as the market demands.
  • Cost Savings: Apaleo offers a cost-effective solution compared to traditional all-in-one property management systems. The best-of-breed approach Apaleo enables, means hotels and serviced apartments can decide which tools and modules they actually need instead of paying for unused functionalities.
  • Integration with Other Tools: Apaleo enables 3rd party applications to integrate its APIs seamlessly. The Apaleo Store offers 200+ apps and integrations ranging from revenue management systems to staff collaboration tools, and guest-facing applications. Accommodations businesses can pick & choose applications that best fit the specific needs of their business across the value chain or build proprietary solutions with Apaleo’s extensive and easy-to-connect APIs.
  • Streamlined Operations: The platform’s modern architecture unlocks real-time data synchronisation with third-party applications allowing for automation across the business, ultimately leading to efficiencies. This allows property managers to focus on delivering excellent guest experiences while Apaleo handles the back-end mundanities.

At Serpentine Ventures, we believe in the power of technology to transform industries, and we're excited to be a part of Apaleo's journey as it continues to revolutionize the hospitality industry. By investing in this innovative platform, we're positioning ourselves to benefit from its continued growth and success.

 

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