Groups360 Raises $35 Million In Funding To Support Rapid Growth

Apr 06, 2022•over 3 years ago

Amount Raised

$35 Million

Nashville

Description

Groups360, a leading platform for booking group travel, today announced the completion of a $35 million funding round led by Zigg Capital and including Blackstone Innovations Investments, and Fir Tree Partners. They join existing investors Accor, Hilton, IHG Hotels & Resorts, and Marriott International.

Company Information

Company

Groups360

Location

Nashville, Arkansas, United States

About

Groups360 was created with a singular goal — to empower event organizers by bringing innovation, transparency, and simplicity to the decades-old problem of booking groups. The company's integrated technology solution, GroupSyncTM, enables suppliers to distribute inventory, engage with planners, and optimize group revenue. GroupSync also equips planners to search and shop hotels worldwide and to book rooms and space directly, online or through a simplified RFP process. GroupSync is the first distribution channel to offer online booking for both group hotel rooms and meeting space at scale. Groups360 has offices in Nashville, London, and Singapore. Learn more at groups360.com.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Groups360 Raises $35 Million In Funding To Support Rapid Growth

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Funding Insights

Company Information