Companies · Other Travel

Hotel Tonight, Inc.

SAN FRANCISCO · Other Travel

Diligence memoA one-page analyst read on Hotel Tonight, Inc. — recommendation, valuation, rhythm, risks.
$116.7M
Total raised · real
5
Rounds
0.8×
Latest step-up
Top 4%
Sector rank · raised
Series C
Latest stage · inferred · Fri Mar 10 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Hotel Tonight, Inc. has raised $117M over 5 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the travel sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 9.3 yr ago; this sector typically re-raises about every 9 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Travel

Hotel Tonight, Inc. is one of 176 Other Travel companies tracked from SAN FRANCISCO. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
30
Investors (latest)
2017-03-10
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeed · 2011-04-29 Raised $3.0M (real) Modeled valuation $22M (est)$3.0M$22MSeed2011Series A · 2011-11-01 Raised $8.7M (real) Modeled valuation $51M (est)$8.7M$51MSeries A2011Series B · 2012-05-22 Raised $23M (real) Modeled valuation $147M (est)$23M$147MSeries B2012Series C · 2013-08-21 Raised $45M (real) Modeled valuation $298M (est)$45M$298MSeries C2013Series C · 2017-03-10 Raised $37M (real) Modeled valuation $245M (est)$37M$245MSeries C2017+$8.7M+$23M+$45M+$37MCumulative $117M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$3.0M · 2011
Series A$8.7M · 2011
Series B$23.0M · 2012
Series C$45.0M · 2013
Series C extension$37.0M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 80%.

Modeled valuation trajectory
$245.0M
Base estimate est.
$127.4M
Conservative case
$645.6M
Upside case
$246.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the travel sector profile. Directional, not a quoted figure.

Seed · modeled $21.5M · 2011-04-292011Series A · modeled $50.5M · 2011-11-01Series B · modeled $147.5M · 2012-05-22Series C · modeled $297.8M · 2013-08-21Series C · modeled $245.0M · 2017-03-102017
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
69%
Survival probability
52% low · 80% high
1.06×/yr
Annual markup
1.22×/yr upside case
6.0 yr
Elapsed time used
9.3 yr actual, capped for stale marks
travel
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
18 mo
Avg between rounds
$19.9M/yr
Capital velocity
15.2 yr
On record since
2011
First round
5
Rounds on file
How it compares to the market

Benchmarked against 176 companies in Other Travel. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 46× above median
This company$116.7M
Sector median$2.5M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.7× of median
This company$37.0M
Sector median$50.0M
Modeled value — vs sector median (estimate, all stages) 27× above median
This company$245.0M
Sector median$8.9M

Raised more than 97% of sector peers (real $). Modeled value above 93% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0M$100.0M$1.0BCapital raised (log)Wyoming Pacific Holdings, Inc. · Series C Raised $50.0M · modeled $330.9M (est)WorldVentures Holdings, LLC · Series C Raised $50.0M · modeled $330.9M (est)Hopper Inc. · Series C Raised $94.8M · modeled $27.8M (est)Hotel Tonight, Inc. (this company) Raised $116.7M · modeled $245.0M (est)Hotel Tonight, Inc.
CompanyStageRaised · realValue · estvs peer med.
Wyoming Pacific Holdings, Inc.Series C$50.0M$330.9M1.15×
WorldVentures Holdings, LLCSeries C$50.0M$330.9M1.15×
Hotel Tonight, Inc. this companySeries C$116.7M$245.0M0.85×
Hopper Inc.Series C$94.8M$27.8M0.10×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$3.0M2011-04-29$15.0M$21.5M85%
Series A$8.7M2011-11-01$39.3M$50.5M85%
Series B$23.0M2012-05-22$127.8M$147.5M85%
Series C$45.0M2013-08-21$300.0M$297.8M85%
Series C$37.0M2017-03-10$246.9M$245.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$3.0M2011-04-29
    • First recorded raise — entered as Seed.
    • 9 investors on this round.
  2. Series A$8.7M2011-11-01
    • Raised 6 mo later, in step with the ~9 mo sector norm.
    • Round 2.9× larger than the prior — scaling up.
    • 6 investors on this round.
  3. Series B$23.0M2012-05-22
    • Raised 7 mo later, in step with the ~9 mo sector norm.
    • Round 2.7× larger than the prior — scaling up.
    • 11 investors on this round.
  4. Series C$45.0M2013-08-21
    • Raised again after 15 mo — slower than the ~9 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 11 investors on this round.
  5. Series C$37.0M2017-03-10
    • Raised again after 43 mo — slower than the ~9 mo sector norm.
    • Round roughly the size of the prior one.
    • Switched to Rule 506(b) (was Rule 06).
    • 30 investors on this round.
Intelligence
2018 ~Q3
Modeled next raise · ~18mo cadence
$37.0M
Modeled next size est.range $37.0M$59.2M
0.8×
Last step-up
$19.9M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Roger Lee18 other2017-03
Brian O'Malley17 other2011-04
Rick Lewis9 other2013-08
Theresia Gouw7 other2013-08
Brad Gerstner5 other2011-11
Howard Love5 other2011-04
THERESIA GOUW RANZETTA5 other2012-05
Amy Bohutinsky1 other2017-03
Jared Simon2017-03
Sam Shank2011-04
Registry & provenance

Hotel Tonight, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1520184
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
SilverRail Technologies, Inc.Other TravelSeries B$91.6M$72.2Mnetwork1 shared operator · same sector
Learnvest Inc.OtherSeries B$100.1M$455.8Mnetwork2 shared operators
Sulpice Coach InvestissementOther TravelSeries C$100.0M$462.8Msame sector · same stage
Hopper Inc.Other TravelSeries C$94.8M$27.8Msame sector · same stage
Glympse Bio, Inc.BiotechnologySeries C$114.0M$324.7Mnetwork1 shared operator · same stage
Yammer IncOtherSeries C$129.9M$1.5Bnetwork1 shared operator · same stage
Club Holdings LlcOther TravelSeries C$78.4M$17.3Msame sector · same stage
Coupa Software IncOtherSeries C$99.5M$1.4Bnetwork1 shared operator · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Next Hotels Inc.Hospitality / TravelPre-Seed$14.1M83%
Call A Ride Inc.Other TravelPre-Seed$1.2M81%
Night Shift I, Ltd.RestaurantsPre-Seed$656K81%
Cruisebound, Inc.Other TravelSeries A$38.6M80%
Outdoor Trip, Inc.Other TravelPre-Seed$1.7M80%
Vacation Rental Partners Inc.Other TravelPre-Seed$8.9M80%
Residential Cruise Holdings IncOther TravelSeries A$11.4M80%
Collective Hotels & Retreats, Inc.Other TravelSeries B$136.4M80%
Frequently asked
How much funding has Hotel Tonight, Inc. raised?
Hotel Tonight, Inc. has raised approximately $116.7M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Hotel Tonight, Inc.'s estimated valuation?
Provath's modeled valuation for Hotel Tonight, Inc. is approximately $245.0M (modeled range $127.4M–$645.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hotel Tonight, Inc. at?
Hotel Tonight, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Mar 10.
What does Hotel Tonight, Inc. do and where is it based?
Hotel Tonight, Inc. operates in the Other Travel sector, based in SAN FRANCISCO.
Explore related

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