Cancelon

Marketplace for Non-refundable Hotel Reservations

Fintech & Insurtech
Acquired (Inactive) by Holisto on Aug 2020 - closed due to acquisition
Acquired Ra'anana Founded 2011
Total raised
Stage
Acquired
Founded
2011
Headcount
126
HQ
Ra'anana
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.

Company Intelligence Q&A

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What is Cancelon's primary business activity?
Cancelon operates as a worldwide marketplace enabling users to buy and sell unneeded hotel reservations, particularly for travelers unable to cancel due to lodging provider policies.
When was Cancelon founded?
Cancelon was founded in May 2011.
What is the current status of Cancelon?
Cancelon is currently inactive, having been acquired by Holisto in August 2020.
Where is Cancelon's headquarters located?
Cancelon's headquarters is located in Ra'anana, Center District, Israel.
How many employees did Cancelon have?
Cancelon had an employee count of 126.
Which company acquired Cancelon?
Cancelon was acquired by Holisto in August 2020. News reports from August 2020 also indicate Splitty acquired assets of rival company Cancelon.
What is Cancelon's primary sector classification?
Cancelon's primary sector classification is Fintech & Insurtech.
Who are the founders of Cancelon?
The founders of Cancelon are Omer Granot and Efrat Kaul.

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