H
HOKEN
A primary and secondary marketplace and exchange whereby hotels, travelers and traders can purchase hotel bookings with the ability of selling, speculating or redeeming hotel stays
About HOKEN
HOKEN, established in 2022 by co-founders Tarek M. Daouk and Ovi Pal, functions as a hotel exchange and marketplace with its headquarters in New York, NY. The company has secured $9 million in funding to support its platform.
The business model is centered around a primary and secondary marketplace that facilitates the buying and selling of hotel room reservations, particularly for high-demand events such as concerts and festivals. This model serves travelers looking for accommodation, individuals who speculate on room availability, and hotels seeking to manage their inventory. The platform allows users who have booked rooms to sell their reservations to others if their plans change, creating a dynamic market for hotel stays.
The core service is an online platform where users can book hotel rooms for popular events. A key feature is the ability for users to trade or sell their booked rooms, offering flexibility and a potential return on their original purchase. The company also offers a feature referred to as "Room Drops", providing access to sought-after hotel rooms.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Nov 2022 | $9M | $36M | Streamlined Ventures | ↗ |
| EARLY VCEquity / VC | Mar 2022 | $6M | $24M | Streamlined Ventures · Manara Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for HOKEN is 170 monthly website visits, down 68.5% over the last three months. HOKEN's team grew 0% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Streamlined Ventures- MCManara Capital
Other known investors1 additional known investor
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about HOKEN on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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