Top10.com raises $10 million in Series B funding
Top10.com has raised $8 million in Series B funding led by Balderton Capital with participation from Accel Partners, Forward Partners and Idealab. Top10.com is a hotel metasearch website that is based in the U.K. The website evaluates millions of hotel data points including the review scores, location, price, and popularity.
Rather than having to sift through hundreds of reviews, Top10 picks the best 10 results for users to check out. Top10 also aggregates content from Foursquare and Google Street View. Top10.com is now driving over $1 million per month in hotel bookings. Top10.com plans on using the funding to build their team.
“Hotel booking and travel review sites contain an overwhelming amount of information. Top10.com cuts through this noise by simplifying the whole experience. We limit results to just 10 hotels whilst providing a wealth of relevant information in a bite-sized format,” stated Tom Leathes, co-founder and CEO of Top10.com. “Our focus on mobile means customers get a great experience no matter what device they’re using. Our growth from zero to $1 million per month in bookings shows that users love our smarter, more personalized approach.”