HOTELTOOLBOX IKE Heraklion, Crete, Greece

Company Website: https://www.hoteltoolbox.gr/

Company Email: jchar@hoteltoolbox.gr

Employees: 7

Funding State: Pre-Seed


Industries

  • Travel / Hospitality / Leisure

Technology

  • AI
  • Cloud Computing
  • Data Analytics - Big Data
  • Software
  • Web or Mobile Application

Business Model

  • B2B
  • B2B2C

Revenue Model

  • SaaS
  • Subscription

Funding Sources

  • Angel
  • Self

About

Hotel operations primarily rely on manual processes, with around 90% still using pen-and-paper methods or phone-based communication. This lack of digitalization leads to disorganization and hinders staff from delivering quality customer service due to time constraints. Significant data remains untapped in physical formats such as paper sheets or Excel files, making it inaccessible for informed decision-making by management. The COVID-19 pandemic accelerated the need for technological adoption in the hospitality sector. Hoteliers face challenges in increasing efficiency, staff communication, reducing costs, and improving customer satisfaction to boost revenues. HotelToolbox offers a comprehensive solution by providing hoteliers with the necessary digital tools to address these pressing issues.


Solution & Product

HotelToolbox (HT) presents a holistic solution, empowering hoteliers to streamline operations, reduce costs, and enhance the guest experience through a versatile digital platform HT offers a modular platform with over 15 modules, catering to the unique needs of every hotel type and encompassing daily operations across departments such as Front Office, Guest Relations, F&B & Housekeeping Our solution includes user-friendly web and mobile applications, enabling staff to effortlessly create, distribute tasks, and record issues in a single step. Guest service requests are efficiently routed, while our e-forms module simplifies paperwork management for various operational processes.


Innovation & Scalability

Our innovation lies in simplifying and automating daily hotel operations, replacing complex systems, phone calls, and paperwork, with user-friendly tools. We transform traditional manual processes into efficient, automated workflows, all while digitizing valuable data for insightful analytics and operations KPI tracking.


Traction & achievements

In December 2019, HotelToolbox received the 2nd prize in the 1st Travel & Hospitality accelerator in Greece, "CapsuleT," organized by the Hellenic Chamber of Hotels. 2020: the company was honored with the Gold award in the "Startups" category at the Tourism Awards. This year marked a strategic pivot toward a focus on hotel operations. Despite the challenges posed by the COVID-19 pandemic in 2020 and 2021, HotelToolbox used this period to improve its product 2021: the company achieved selection in the 9th Cycle of the business accelerator program "The Egg" by EUROBANK 2022: HotelToolbox expanded its portfolio by adding more hotels to its client base. 2023: the company received the prestigious Platinum award in the "Cost Saving Technology" category at the Tourism Awards. Additionally, it expanded its partner network, integrated with more systems, and actively participated in three exhibitions. Customer Trust and Growth: 6 hotels in 2021 14 hotels in 2022 60 hotels in 2023 >100 in 2024


Team & Why Us

Behind the HotelToolbox there is a strong team that can deliver excellent results. The core members working together more than 10 years. Also, there is a brilliant team of advisors with deep knowledge of the market.


Funding Needs

HotelToolbox has been self-funded thus far, leading to the development of a fully functional product with paid customers. We are finalizing a €70k funding round from Angel Investors. In order to execute fast our plan, we will need the appropriate resources and funds. We are in the process to prepare our Business plan for the next round of funding.


ONE LINER

We help hoteliers reduce costs, optimize operations and improve the guest experience


TEAM

EFTHIMIOS SYNTYCHAKIS
EFTHIMIOS SYNTYCHAKIS, Other
MANOS KRITSOTAKIS
MANOS KRITSOTAKIS, CTO

FUNDING


PATENTS


AWARDS


INCUBATIONS/ACCELERATIONS

2021 - Program The EGG - Eurobank
2019 - Program CapsuleT

Jobs


Perks