Apaleo completes a $9.5 funding round
The property management platform is disrupting the nature of hospitality software with the transition from single-vendor suites to best-of-breed technology
The new capital will be primarily used to fuel Apaleo’s product development plans and consolidate its market-leading position in Germany while accelerating its penetration within hotel and serviced apartment groups across Europe.
Apaleo employs a distinctive strategy in the industry known as API-first, enabling lodging providers to construct and operate their technology in a cost-effective manner, even when migrating from outdated legacy systems.
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