FORT WORTH, Texas, Feb. 26, 2019 (GLOBE NEWSWIRE) -- Koddi - a leading marketing technology company for the travel industry - today announced that it has been named to the Deloitte 2018 Technology Fast 500™. Koddi produced 316% year-over-year growth in 2018 following the rollout of new technology and services for the travel and hospitality industries. Koddi attributed its momentum to widespread client adoption of its market-leading SaaS platform and solutions. Deloitte annually ranks the 500 fastest growing technology, media, telecommunications, life sciences, and energy tech companies in North America.
Koddi’s ranking comes on the heels of the company’s recent acquisition of the HookLogic Travel Business from Criteo, a move that propelled the company’s more than 3x growth and accelerated Koddi’s leadership position in travel marketing technology. The company currently works with many of the leading travel advertisers. Koddi’s SaaS platform handles four million daily bid decisions, and customers experience a 45% average lift in revenue. Koddi has also recently grown to more than 100 employees across five offices in Texas, Michigan, New York, California, and Germany.
“The travel industry is in the midst of the most change it’s experienced since the first Internet explosion, as every brand is fighting for eyeballs, bookings, and revenue across multiple touch points,” said Nicholas Ward, President and co-founder of Koddi. “Our approach of driving massive efficiency into a non-efficient marketing experience has allowed us to grow significantly in 2018, and it’s a direct correlation to uniting the best technology with the best people. We are doubling down in 2019 on both fronts so we can maintain and accelerate growth.”
Evolving the Technology Ecosystem for Travel Engagement
Koddi’s SaaS platform provides a universal network of solutions for the travel industry built to drive additional bookings by putting travel brands and online travel agencies in front of the customers who are looking to find their next destination. Through the combination of data, intelligence and automation, Koddi helps its customers and partners remove the complexity of managing metasearch, social and advertising by consolidating these activities across many online travel agencies and publishers.
Achievements in Workplace and Innovation
In 2018 alone, Koddi received seven awards for both their workplace environment and advanced technologies - across industry and geography.
- Inc 5000 List of Fastest Growing Companies in America
- Digiday Worklife Award for Most Collaborative Culture - Tech Provider
- HotelTechReport's 10 Best Places to Work in Hotel Tech
- Fort Worth Inc Best Companies to Work For in Fort Worth
- Digiday Technology Award for Best Marketing Automation Platform
- Hotel Tech Award for Best Social Media Tool
About Koddi:
Koddi is a provider of comprehensive marketing management software and services for the travel and hospitality industries. The company’s award-winning SaaS platform provides a robust network for travel brands and online travel agencies to connect with consumers and drive more bookings and revenue through unified metasearch, social and programmatic campaigns. Brands can consolidate and manage the entire purchase funnel and gain insights at each point to adjust and optimize campaigns across all channels. As a result, marketers fuel their growth, harness real-time intelligence to drive informed decision-making, and dramatically improve operational expenses. For more information, please visit https://www.koddi.com/.
Contact:
Kyle Kuhnel for Koddi
Kyle@broadsheetcomms.com