AUSTRIA - Target Partners invests in Hetras

Hetras, based in Zell am See, develops a fully internet-based management application for hotels and hotel chains. The software combines traditional property management systems (PMS), central reservation systems (CRS), customer relationship management (CRM), channel management and internet booking engines into a unified application, with customers paying a flat fee per month per room.

The company will use the funds to complete development and launch of its internet-based management and reservation system for international hotel chains, which will be sold as software-as-a-service.

Prior to the current financing round, Hetras received funding from the High-Tech Start-up Program of the Austrian Wirtschaftsservice GmbH (AWS) as well as from business angels.

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• Topics
• Early-stage
• DACH
• Technology