When was Hoist Group founded?

Hoist Group was founded in 1994 and raised its 1st funding round 17 years after it was founded.

Where is Hoist Group located?

Hoist Group is headquartered in Solna, Sweden. It is registered at Fredrik Selmers vei 2, 0663, OSLO.

How many employees does Hoist Group have?

As of Mar 01, 2026, the latest employee count at Hoist Group is 10 - 49.

Is Hoist Group a funded company?

Hoist Group is a funded company, having raised a total of $10.7M across 3 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Apr 27, 2011.

When was the latest funding round of Hoist Group?

Hoist Group's latest funding was a $***** PE round on Mar 13, 2019, with participation from 1 investor.

Where does Hoist Group rank among its competitors?

Hoist Group ranks 38th amongst 1412 active competitors, of which 61 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Mews, which secured $300M in Jan, 2026.

Who are the top competitors of Hoist Group?

Hoist Group's top competitors include Mews, Guesty and CloudBeds. Among them, Mews secured the most recent funding round in January, 2026.

Hoist Group - 2026 Company Profile, Team, Funding & Competitors

Hoist Group is an acquired company based in Solna (Sweden), founded in 1994. It operates as a Software solutions and services for the hospitality industry. Hoist Group has raised $10.7M in funding from AP6. The company has 1412 active competitors, including 61 funded and 86 that have exited. Its top competitors include companies like Mews, Guesty and CloudBeds.

Company Details

Hoist Group provides end-to-end software solutions and services to hotels. The company offers 'HotSoft'- a booking system which enables hoteliers to take bookings & payments directly on the website, 'Serviator' - a cloud-based end-to-end back-office management solution, managed network & VoIP/WiFi services, turnkey smart TV & casting solutions, digital signage management solutions, and IoT-based smart room automation products (includes smart fridges/mini-bars, RFID-based smart locks, smart mirrors, etc). Additionally, the company also offers TV & screening solutions to the public sector.

Website: hoistgroup.com
Social
Email ID: *****@hoistgroup.com
Phone Number: +46 **********
Registered Address: Fredrik Selmers vei 2, 0663, OSLO

Key Metrics

Founded Year

1994

Location

Solna, Sweden

Stage

Acquired

Total Funding

$10.7M in 3 rounds

Latest Funding Round

PE, Mar 13, 2019, $*****

Investors

AP6 & 3 more

Ranked

38^th among 1412 active competitors

Employee Count

10 - 49 as on Mar 01, 2026

Investment & Acquisitions

Acentic & 5 more

Similar Companies

Mews & 1737 more

Exit Details

Acquired by Advent International (Jun 03, 2021)

View Hoist Group's full profile

Hoist Group is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HOIST GROUP AS CIN: 980955346 , Norway, Active	Jun 22, 1999	-	9 (As on Dec 31, 2022)

Hoist Group got acquired by Advent International on Jun 03, 2021.

Click here to take a look at Hoist Group's acquisition in detail

Hoist Group has raised a total funding of $10.7M over 3 rounds. Its first funding round was on Apr 27, 2011. Its latest funding round was a PE round on Mar 13, 2019 for $*****. 1 investor participated in its latest round. Hoist Group has 4 institutional investors.

Here is the list of recent funding rounds of Hoist Group:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 13, 2019	3125311	PE	7267085	7641960	3477746	8942581
Jun 22, 2017	7624325	Conventional Debt	5276250	8708702	3001860	7995659
Apr 27, 2011	2547524	PE	6077126	7232296	5452545	Accent Equity Partners

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View details of Hoist Group's funding rounds and investors

Hoist Group's employee count trend

Hoist Group has 10 - 49 employees as of Mar 26. Here is Hoist Group's employee count trend over the years:

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Top competitors of Hoist Group include Mews, Guesty and CloudBeds. Here is the list of Top 10 competitors of Hoist Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mews 2012, Amsterdam (Netherlands), Series D	Cloud-native hospitality management system offering an integrated suite of hospitality businesses	$710M	Kinnevik, Notion & 22 others	77/100
2nd	Guesty 2013, Tel Aviv (Israel), Series F	Cloud-based vacation rental management software	$409M	Apax, Viola Growth & 25 others	77/100
3rd	CloudBeds 2012, San Diego (United States), Series D	Provider of a platform for hospitality operations, distribution, and marketing	$253M	SoftBank Vision Fund, Nashville Capital Network ... & 17 others	71/100
4th	ZUZU 2016, Singapore (Singapore), Series B	Platform offering independent hotel management software and solutions	$21.6M	Wavemaker Partners, SBVA & 24 others	70/100
5th	Amenitiz 2017, Barcelona (Spain), Series B	Provider of an all-in-one management platform for independent hospitality businesses	$83.2M	Otium Capital, Eight Roads Ventures & 16 others	68/100
6th	StayNTouch 2012, Bethesda (United States), Acquired	SaaS-enabled platform offering property management software	$60.8M	Sixth Street, Triangle Peak Partners & 4 others	65/100
7th	Hotelogix 2008, Singapore (Singapore), Series B	Provider of cloud-based platform for hotel property management and operations	$9.97M	Accel, Vertex Ventures & 35 others	65/100
8th	Shiji 1998, Beijing (China), Public	Cloud-based property management solution for hospitality industries	$459M	Alibaba Group, Taobao.com	64/100
9th	Agilysys 1963, Alpharetta (United States), Public	Provider of a SaaS-based suite of solutions for the hospitality industry	-	Grand Resort OK, Marlin Equity Partners & 2 others	62/100
10th	Apaleo 2017, Munich (Germany), Series B	Provider of a platform for property management and hospitality solutions	$31.2M	PSG, Force Over Mass & 9 others	62/100
38th	Hoist Group 1994, Solna (Sweden), Acquired	Software solutions and services for the hospitality industry	$10.7M	AP6, Accent Equity Partners & 2 others	44/100

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Hoist Group has not made any investments yet. Hoist Group has made 6 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 01, 2020	Acquisition	Acentic	2004	Ampthill (United Kingdom)
Oct 14, 2019	Acquisition	HotelEngine	1999	Turku (Finland)
Jun 19, 2017	Acquisition	Paragonsystems		-