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🇧🇧Barbados·Tourism tech·Founded 2019·34 employees
ReefNode Tourism Tech
Provara Scorev3.2
72/100
Investment-ready
Domain profile
Score history
About the company
SaaS booking, revenue-management, and ancillary-sales platform for boutique Caribbean hotels and villa operators, live with 180 properties across nine markets.
Monthly trade volume (USD)
rolling 12 months
Management
- Amara BlackmanChief Executive Officer
- Jerome HindsCTO
Capital ask
$3.5M
Growth equity
Use of proceeds and pricing indications available under NDA in the data room.
Strengths
- Tourism tech operator with above-median financial performance & trajectory.
- Clear line of sight to growth equity deployment within 6 months.
- Domestic revenue base underpins downside case.
Gaps & recommendations
- Governance & Formalization below Provara benchmarkAdd two independent directors, adopt board charter, and implement a FATF-aligned KYC/AML program.
- Revenue Quality & Concentration below Provara benchmarkDiversify customer concentration below 25% top-three threshold and formalize multi-year framework agreements.
- Strategic Alignment & Exit Pathway below Provara benchmarkSharpen use-of-proceeds and milestone clarity; identify comparable exit transactions for the mandate.