What does Roh do?
Roh provides a comprehensive payments management platform tailored for the hospitality sector, enabling hotels to streamline payment processes, achieve end-to-end visibility, and automate workflows such as payment processing, refunds, and chargeback management.
How much did they raise?
The company closed a $9.2M financing round, led by Highgate Technology Ventures and Acrew Capital, with key board seats filled by representatives from these investors.
What are their plans for the money?
The funds will be used to accelerate platform expansion and enhance the ability to process complex streams of data from contracts, invoices, and payments, positioning the company to further reduce friction and boost conversion rates in hotel payment management.
What have they achieved so far?
In 2024, Roh demonstrated significant progress by managing nearly a quarter billion dollars in invoices and achieving a 523% increase in automatically generated bookings through its proprietary AI application.