Friday 20 September 2019

Irish tech entrepreneur Garry Moroney to lead global expansion of corporate travel firm Roomex

Garry Moroney
Garry Moroney

Shawn Pogatchnik

Tech entrepreneur Garry Moroney - who co-founded and led Similarity Systems and Clavis Insight - has been appointed as chief executive of hotel management platform Roomex.

Dublin-based Roomex provides companies with an integrated way to manage their corporate travel. It is focused on business clients in the UK and Ireland but, with the backing of venture capital, sees expansion coming worldwide.

“We have ambitions to scale globally and believe that Garry is the ideal person to drive our business forward,” said Roomex chairman Paddy Holahan. “The board has chosen a dynamic leader who has vast international acumen, experience and a deep knowledge of scaling tech companies to incredible success.”

Mr Moroney said he would lead Roomex into what he called “a hyper-growth phase”.

“Roomex has identified a massively underserviced segment in these companies that have a travelling workforce and a requirement for an all-in-one platform to search, book, manage and pay for their hotel bookings,” he said.

Mr Moroney appeared this year as number 247 on the ‘Sunday Independent’ Irish Rich List with a worth of €50m.

He has two successful tech startups on his CV: data quality-checking specialist Similarity, which was sold to Informatica in 2006 for $55m (€45.4m), and online shopping analyst Clavis, sold in 2017 to Ascential for $119m (€100.3m).

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