Suiteness Stock (SUIT)

Suiteness is a luxury travel startup, with an online booking platform that lets users access an inventory of suites, penthouses, and villas from luxury hotels. It also offers rooms that connect to suites for half the price of a typical two-bedroom suite for groups of 4 or more. With access to the most luxurious suites, most of which have never been offered online before, guests experience amenities like private entrances, personal butlers, and even private pools. In addition to luxury travelers, the service is intended for families and large groups looking for accommodations with multiple bedrooms and shared space as the website carries exclusive suites with one to five attached bedrooms. Suiteness focuses on the hotel side as well by providing partners with brand protection, visibility, data transparency, and flexibility. The ultimate goal of the company is to showcase and market their hotel partners' most prized inventory, services, brand, and amenities through a unique and exciting platform. Currently, Suiteness is live in Las Vegas, New York, Miami, Orlando, Los Angeles, and London with access to luxury suites, half of which are being offered exclusively through Suiteness. The company intends to expand rapidly this year. They are headquartered in Oakland, CA. Suiteness was a part of Y Combinator's Summer 2016 class and in 2015, the company received investments from Structure Capital and Keystone Capital. In December 2016, Suiteness raised $5 million in a Series A round of funding, led by Bullpen Capital and Global Founders Capital and including participation from Max Levchin's HVF fund, Kima Ventures and Altair Capital.