US: Hotel guest management tech company Canary Technologies, led by Brighton Park Capital, has closed a Series D funding round of $80 Million.
Existing investors include Insight Partners F-Prime Capital Thayer Ventures Commerce Ventures Y-Combinator Y-Combinator
The funding is the culmination of a number of partnerships Best Western, Aimbridge Hospitality, Marriott, Wyndham, TUI Hotels & Resorts, and others.
Canary recently launched AI Voice, WeChat and other features. The latest funding was used to expand the company.
Harman Singh Narula is the CEO and cofounder of Canary. He said, “The hospitality sector is entering a brand new era powered with AI and we are proud to be leading this transformation.” We help hotels deliver better service, run more efficiently, and provide a more personalized guest experience at scale by using intelligent enterprise-grade software.
“This latest investment reflects both the extraordinary dedication of the team – whose work is redefining what’s possible – and the growing impact Canary is making across the industry. “We’re excited by the demand, and energised to expand our partnership with some of the leading hoteliers in the world,” he said.
Kevin Magan said, “Canary’s growth and scale in the travel and hospitality industry are truly unprecedented.” We are thrilled to be partnering with the entire Canary team as they continue their growth and cement their position as category leaders. Their commitment to deliver enterprise-grade and high-impact solutions for hotels positions them for long term success and sustained leadership.”
Brighton Park Capital (based in New York) is an investment firm that focuses on software, healthcare and tech enabled services companies at growth stage.
Canary is now valued at $600,000,000. The company supports over 20,000 hotels across 100 countries.
Highlights:
• Canary Technologies has raised $80 million Series D, led by Brighton Park Capital, valuing the company at $600 million.
• The platform now supports more than 20,000 hotels across more than 100 countries.
• The funding will be used to accelerate expansion and AI innovation.
• Recent partnerships with major hotel brands include Marriott, Wyndham, and Best Western.
