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Marketboomer

Marketboomer provides an online procurement system and related services for hotels and their preferred suppliers to buy and sell in the

Backed by

Salter BrothersSalter Brothers

Raised 4.9M EQUITY on July 4, 2024

About

Marketboomer is a Sydney-based proptech that provides a cloud B2B eProcurement SaaS platform and online procurement marketplace for hotels and travel companies, serving buyers and suppliers across 23 countries.

Mission

Marketboomer is a proptech company offering a cloud-based B2B eProcurement SaaS platform and online procurement marketplace for hospitality. Its platform is used by hotels and travel companies including IHG, Accor, Marriott, Capella, and Qantas. Headquartered in Sydney with offices across Asia, Marketboomer operates in 23 countries and serves over 10,000 monthly buyers and 20,000 suppliers. The company was founded in 1995. Marketboomer will use the funding to expand in the Australian market and pursue growth initiatives in Southeast Asia and the UK. The $4.9M raise is intended to support those expansion plans.

Quick Facts

Founded

2008

Funding

EQUITY

Industry

Cloud Computing

Team Size

101-250

Headquarters

North Sydney, New South Wales, Australia