The SuitePad GmbH secures EUR 3 million growth financing. Leading investor of the new financing round is venture capital investor Target Partners, together with existing investors HW Capital, Kizoo and VC Fonds Technologie Berlin managed by IBB Beteiligungsgesellschaft.
The SuitePad GmbH, located in Berlin, was founded in 2012 by Moritz von Peter-Campen and Tilmann Volk. The startup developed tablet-based communications solutions for the hotel industry. Using SuitePads, guests can book services and external offers directly by pressing a button. In addition, the guest can call up entertainment offers such as news, music and videos. The SuitePad GmbH is thus a pioneer in the hotel and guest communications and brings entertainment solutions in hotel rooms to a new level.
The company is already working with more than 200 hotels with over 10,000 hotel rooms together. In addition to the German-speaking countries, SuitePad GmbH has customers in other European countries such as Britain, France, Italy and Spain. Recently, the company won firstly hotels in Asia and South America for its solution.
P+P Pöllath + Partners advised SuitePad GmbH with the following team:
* Christian Tönies, LL.M. Eur. (partner, lead, VC)
* Minkus Fischer, EMBA (associate, VC)