Domio is a technology platform focused on the travel sector serving apartment hotel accommodations to group travelers.
Domio's technology platform that is revolutionizing group travel by scaling it’s branded apartment-hotel concept.
Domio was founded in August 2016 by Jay Roberts and Adrian Lam. The company is headquartered in New York.
Domio offers apartment hotel accommodations to group travelers especially business people at sharing-economy prices.
Domio has hosted over 70,000 guests to date across its existing properties in Austin, Nashville, San Diego, Boston, New Orleans, and Honolulu. The company’s utilization of software to optimize accommodations has enabled it to grow sales 400% YoY with an occupancy rate of over 82% — close to 20% higher than the hotel average.
Domio is backed by Tribeca Venture Partners, SoftBank Capital NY, Upper90, GGV Capital, Eldridge Industries, 3L Capital and others. The company raised $100M in a latest financing ($50M in Debt and $50M in Equity round) on Dec 19, 2019. This new round brings Domio's total funding to $167M to date.