Canadian accommodation map solution provider, Stay22, raises $750K seed round, Airbnb collaboration, and Pearl Jam partnership

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Canadian travel tech company, Stay22, has raised $750K in seed round funding to transform the way event travelers book accommodation. Stay22 is an embeddable accommodation map solution for organizations and platforms in the events, entertainment and transportation industries to help attendees and travelers find their perfect place at the perfect price.

Stay22 helps event organizers:

  • provide an improved user experience for their customers by offering them the lowest prices on accommodation listings nearby the event
  • Save time and money by ensuring that the organizers’ resources are devoted to planning their events while accommodation logistics are taken care of
  • Provide their customers with an extensive supply of accommodation options from global suppliers
  • Skip the stress of room blocks
  • Provide out-of-town attendees a wide range of comparable listings on one map, while saving them hours of browsing frustration

Major milestones reached:

  • 7 Gates Venture (Lead), Real Venture, and Travelport
  • Over $600K in accommodation bookings in Q1 2018
  • 6.5M listings globally from suppliers including Airbnb, Hotelscombined, and Hotelplanner; one of the largest inventories in over 200 countries
  • 4.48% conversion rate versus hotel metasearch average (2.4%)
  • Airbnb collaboration, as covered by Skift and Phocuswire
  • Pearl Jam partnership, the band, one of the most famous rock & roll bands
  • Evenko partnership, largest event producer, and promoter in Canada
  • Weezevent, major ticketing platform in France
  • 600+ events in over 20 countries

Stay22 was founded in 2016 in Montreal, Quebec, Canada by Andrew Lockhead (CEO) and Hamed Al Khabaz (CTO).

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About Fortune Chuku 82 Articles
Fortune Chuku is a Researcher. His research interests include data visualization, open innovation and technology adoption.