Cancelon

A worldwide marketplace where users can buy and sell unneeded hotel reservations.

Fintech & Insurtech
Acquired by Holisto
Acquired Ra'anana, Israel Founded 2011
Website ↗
Last updated 2026-07-21
Total raised
$2.0M
Stage
Acquired
Founded
2011
Headcount
126
HQ
Ra'anana, Israel
Sector
Fintech & Insurtech

About

Cancelon is a worldwide marketplace where users can buy and sell unneeded hotel reservations. Travelers who are unable to use their reservations for any reason but cant cancel due to the lodging providers policies can cut their losses by selling their reservations on Cancelon.

Funding history · 2 rounds · $2.0M total

2013-03
A Round Undisclosed
2012-07
Seed Undisclosed

Headcount over time

From 25 (2019-01) to 36 (2019-09) · +11 (+44%) · 3 points · source: Finder history + radar grounding
360 2019-01 2019-09

Q&A

What is Cancelon's primary business?
Cancelon operates as a worldwide marketplace for buying and selling unneeded non-refundable hotel reservations.
When was Cancelon founded?
Cancelon was founded in May 2011.
What is Cancelon's current status?
Cancelon was acquired by Holisto in August 2020 and is currently inactive.
Who acquired Cancelon and when?
Cancelon was acquired by Holisto in August 2020.
How many employees did Cancelon have?
Cancelon had an employee count in the 51-200 range.
Where is Cancelon's headquarters located?
Cancelon's headquarters is located in Ra'anana, Center District, Israel.
Who are the co-founders of Cancelon?
The co-founders of Cancelon are Omer Granot (Co-founder & CEO) and Efrat Kaul (Co-founder & CMO).
What is Cancelon's primary sector?
Cancelon's primary sector is Fintech & Insurtech.

Team · 2

Founder · Co-founder & CEO
LinkedIn ↗
Founder · Co-founder & CMO
LinkedIn ↗

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & ManagementLending & Financing
Technologies
Platforms & InterfacesWeb
Target customers
Commerce & RetailDistribution ChannelseCommerce Platforms
Business model
B2C

Highlights

Verified

Tags

web-platformsocial-networksmarketplaceleisureecommercebookingtraveltechtourismp2p
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitecancelon.com

Identifiers & details

Founded2011-5
Employees (exact)126
OfficesDover; United Kingdom
Status reasonAcquired (Inactive) by Holisto on Aug 2020 - closed due to acquisition

Acquisitions & public offerings

Acquired by Holisto 2020-08

Radar intelligence

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)514617273
Statusחיסול ע~י בימ~ש — CLOSED
Corp typeישראלית חברה פרטית
Incorporated2011-05-26
Purposeלעסוק בכל עיסוק חוקי
Liabilityמוגבלת
In violation (unfiled)no
Last annual report2017
Active charges / liens0
Registry events0
Registered addressז'בוטינסקי 7 רמת גן