App developer Zonetail has raised capital.
The Toronto startup has secured $2.3 million in Series A financing through private investors. The financing will help the Canadian company further develop its “anchored local” white-label hotel app, it says.
“People don’t just check into a hotel, they check into the neighbourhood of a city,” said Mark Holmes, CEO, Zonetail. “Most of people’s lives, whether at home or traveling, are spent within five miles of their home base. By organizing the information that matters most to them, we are saving them time, and making their experience more rewarding.”
The app platform taps into people’s desire to travel to new cities, but to shop, dine, and explore like a local.
To date, Zonetail has signed agreements with more than 100 hotel properties in 10 Canadian provinces and 15 U.S. states, including three offshore hotels.
The app is free for hotels to use, with revenue streams coming from retail advertising from the surrounding area.
While it was launched as a hotel app, the Zonetail platform can be applied to any location where people live, work, stay, or congregate. Future plans include servicing condos, office towers, and large-scale events, among others.
The company was founded in 2013.