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H2O Hospitality secures $30M Series C to expedite hotel digital transformation

TechCrunch

The pandemic has triggered more demand for contactless and staff-less operations in the hospitality sector, and now H2O Hospitality , the unmanned hotel management company, has closed a $30 million round on the back of that boost. SevenRooms raises $50M to double down on reservations, ordering and other tools for hospitality businesses.

Hotels 261
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Kayak co-leads Life House’s $60M Series C to ‘reimagine’ the hotel experience

TechCrunch

Life House , a boutique hotel brand that has built software aimed at helping independent hotel owners and operators, has raised $60 million in a Series C round of funding co-led by new investors Kayak and Inovia Capital. Rami Zeidan started Life House after nearly a decade of working in different areas of the hotel industry.

Hotels 220
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OTA Insight books $80M for its hospitality business intelligence tools, used by 55K hotel properties globally

TechCrunch

Now, OTA Insight — a company that builds business intelligence tools for one of the key sectors in that space, hotels — is announcing a round of funding as it too picks up more business on the upswing. And yet after they arrived they could see that a lot of hotels had spaces and were drastically dropping prices.

Hotels 224
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Amenitiz wants to upgrade the tech stack of independent hotels

TechCrunch

In more technical terms, Amenitiz has been building a vertical software-as-a-service product that combines everything you need to run a hotel. In particular, Amenitiz takes care of three important bricks in the hotel industry — it’s a property management system, it acts a channel manager and it let you accept direct bookings more easily.

Hotels 199
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Boutique hotel tech platform NUMA raises $45M growth financing round led by DN Capital

TechCrunch

We first covered the NUMA Group (then called Cosi) back in 2019 when it raised €5 million for its “full-stack” hospitality alternative to boutique hotels, and then later on when it raised €20 million. NUMA provides boutique hotels, offering around 2,500 units in Berlin, Munich, Rome, Milan, Madrid, Barcelona and Vienna.

Hotels 224
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Selfbook raises $15M at a $300M valuation in Tiger-led extension to give hotels a way to accept ‘one-click’ payments

TechCrunch

Hotel payment software provider Selfbook has completed a $15 million extension of its Series A financing that values the company at $300 million. Hotels can implement its technology, according to Meniri, “with a single line of code” to improve their booking experience directly on their existing reservation systems.

Hotels 223
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Thynk wants to upgrade hotel stays with a vertical software platform

TechCrunch

For instance, in the hospitality industry, Amenitiz focuses exclusively on independent hotels and B&Bs. When I was thinking about starting a company again, I scanned the market and looked at different verticals to find a company that could reach $500 million in [annual recurring revenue],” co-founder and CEO Pascal Petit told me.

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