FundedIQ

Funded Hospitality Startups

Recent disclosed rounds in hospitality skew toward one dominant outlier: Red Engine (London) raised $76M on 2024-04-08, the only disclosed round above $50M…

Recent disclosed rounds in hospitality skew toward one dominant outlier: Red Engine (London) raised $76M on 2024-04-08, the only disclosed round above $50M in these six entries, dwarfing the next-largest disclosed amounts such as MJMK Restaurants at $2M (2023-05-12) and Patch at $4M (2023-03-20). The remaining five rounds cluster tightly below $10M, with the smallest disclosed amount being Coral Homes at $10K on 2023-08-22.

Geographically, London shows up three times across the most recent set (Red Engine 2024-04-08; MJMK Restaurants 2023-05-12; Patch 2023-03-20), while the other cities are singletons (Philadelphia, Fort Lauderdale, and Miami). Temporally, the rows run from 2022-11-23 (Corphousing Group, Miami) to 2024-04-08 (Red Engine, London), with two rounds concentrated in 2023 (2023-03-20 and 2023-05-08/12) and stage mix split between “Series Unknown” (three entries: Red Engine, Coral Homes, Corphousing Group) and Seed (three entries: travel.win, Patch, plus one more Seed shown at 2023-05-08).

Most recent rounds

6 shown

Related listings

Frequently asked

What’s the largest disclosed hospitality round in this set, and how does it compare to the others?

Red Engine’s $76M round on 2024-04-08 is an outlier in this table, exceeding every other disclosed amount. The next-highest disclosed rounds are Patch ($4M on 2023-03-20) and MJMK Restaurants ($2M on 2023-05-12), with Coral Homes at just $10K (2023-08-22) as the smallest disclosed value.

Do the rounds cluster by city, or is coverage spread out?

London is over-represented relative to other cities in these six rows: three companies list London (Red Engine on 2024-04-08; MJMK Restaurants on 2023-05-12; Patch on 2023-03-20). Other locations appear once each: Philadelphia (Coral Homes, $10K), Fort Lauderdale (travel.win, $550K), and Miami (Corphousing Group, $3M).

Which entries fall closest to the top of the date range shown?

Only one round lands in the most recent window of this list: Red Engine’s 2024-04-08 close. The next set of dates trails into 2023, including Patch (2023-03-20, $4M), travel.win (2023-05-08, $550K), and MJMK Restaurants (2023-05-12, $2M).

What stage mix dominates these hospitality rounds?

“Series Unknown” accounts for three of the six entries (Red Engine $76M on 2024-04-08; Coral Homes $10K on 2023-08-22; Corphousing Group $3M on 2022-11-23). Seed also appears in three entries (travel.win $550K on 2023-05-08; Patch $4M on 2023-03-20), with the remaining Seed-staged row coming from the table’s 2023-05-08 record.

Are there low-end or high-end outliers worth flagging for follow-up?

Yes. Red Engine at $76M (2024-04-08) sits far above the rest, while Coral Homes at $10K (2023-08-22) is the smallest disclosed round and sits well below the next-lowest disclosed values like travel.win’s $550K (2023-05-08) and Corphousing Group’s $3M (2022-11-23).

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