Diligence memo · auto-generated · as of July 2, 2026
Hotel Tonight, Inc.
Hotel Tonight, Inc. has raised $117M over 5 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Hotel Tonight, Inc. operates in Other Travel, based in SAN FRANCISCO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Hotel Tonight, Inc. has raised $117M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $45M on 2013-08-21.
Most recent recorded round closed around 2017-03-10.
Valuation (modeled)modeled
Provath models Hotel Tonight, Inc. at approximately $245M (range $127M–$646M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 18 months.
Last raise 9.3 yr ago; this sector typically re-raises about every 9 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 97% of Other Travel peers (176 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: Wyoming Pacific Holdings, Inc., WorldVentures Holdings, LLC, Hopper Inc..
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.