Holtzbrinck invests in €1.5m round for Dreamcheaper

Dreamcheaper will use the new funding to develop additional features and invest in its marketing efforts.

With an English language version currently available, Dreamcheaper is now expanding internationally.

The company also plans to roll out its alternative hotel search platform in summer 2017, which will send users price comparison offers for equivalent accommodation to hotels they have booked.

Previous funding
Dreamcheaper has raised €2.5m to date, including the current round. Previously, business angels and other private investors had provided €1m of funding.

Company
Founded in 2014 and headquartered in Munich, Dreamcheaper is an online service that allows guests to take advantage of hotel pricing fluctuations to obtain discounts. Users forward the details of their booking to Dreamcheaper, which informs them or automatically rebooks the reservation if the price decreases or special offers are announced. The company then retains a 20% cut of the saving.

Dreamcheaper's new hotel search platform will take into account the star category and customer rating and search within a maximum radius of 500 metres from users' current hotel.

People
Dreamcheaper – Leif Pritzel (managing director).

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