Hotel Communication Network Named One of Canada's Top 20 Moonshot Ventures™ of 2025
Keiretsu Forum Canada recognizes the world leader in AI Concierge powered hotel room tablets as a company most likely to achieve 'unicorn' status
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OTTAWA, Ontario — Hotel Communication Network (HCN), the world leader in AI Concierge powered guestroom tablets, has been named one of Canada's Top 20 Moonshot Ventures™ of 2025, an exclusive honor presented by the National Angel Capital Organization (NACO), a Government of Canada agency established to encourage innovation and support capital raising for pre IPO companies.
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The announcement follows a closed-door showcase at the NACO Summit where Canada's most promising early-stage companies were unveiled to an elite audience of investors and innovation leaders. Selected through a rigorous nomination and evaluation process, the Moonshot represents the country's boldest, most visionary ventures in sectors spanning AI, cleantech, healthtech, space, and more. HCN was nominated by Keiretsu Forum Canada, recognizing its pioneering work in revolutionizing hotel communications and enhancing the digital guest journey.
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Leveraging advances in AI technologies, HCN developed the first human-looking AI Concierge persona capable of addressing guests individually with full voice integration and providing voice-activated access to all guest services during their stay at HCN partner hotels. To make this technological achievement even more compelling, HCN's new ad-supported revenue model makes the entire platform highly subsidized with a possible revenue share for hotels.
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'Being selected as one of Canada's Moonshot Ventures is a major milestone for HCN,' said Kevin Bidner, Founder and CEO of Hotel Communication Network. 'This recognition from NACO and its national network underscores our commitment to transforming the hospitality experience through cutting-edge, guest-focused technology.'
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The Top 20 Moonshots were chosen from more than 100 nominations submitted by NACO member organizations—including Canada's top angel groups, accelerators, and incubators. From this curated pool, 23 companies were selected to present on the Moonshots Stage™ at the National Arts Centre in Ottawa during the NACO Summit 2025. The showcase offered each founder a TED-style platform to tell their story to a handpicked audience of angel investors, venture capitalists, and corporate leaders.
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'These founders represent the bold ideas, entrepreneurial drive, and global ambition within Canada's innovation economy,' said Claudio Rojas, CEO of NACO, in a prepared statement. 'We are proud to spotlight companies like HCN that are not only driving technological advancement but redefining what's possible in their industries.'
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'We're proud to have HCN in our portfolio. With strong backing from highly sophisticated investors spanning North America, Europe, and Asia, the company has built impressive momentum, positioning it to become a truly global player,' said Ozan Isinak, President of Keiretsu Forum Canada.
With over $190 million collectively raised by this year's Moonshot cohort, the companies represent a cross-section of Canada's emerging innovation economy. Ventures hail from across the country, with HCN proudly representing Ontario's contribution to global travel and hospitality innovation.
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'We are honored that Keiretsu Forum Canada — part of the world's largest angel investor network — believes so strongly in HCN,' Bidner said. 'We are grateful that they recommended us to NACO as 'the most likely to achieve unicorn status' in the travel and media sector.'
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Hotel Communication Network (HCN) is the hospitality industry's leading provider of in-room guest engagement and monetization platforms. Following its acquisition of Crave Interactive, HCN now operates the largest global network of smart hotel tablets and mobile solutions, seamlessly integrating guest services, hotel operations, and contextual media delivery. The combined platform delivers personalized digital concierge services, revenue-generating programmatic advertising, and strategic brand activations at scale. HCN supports major hotel brands across North America, Europe, and the Middle East, offering a turnkey solution that enhances the guest experience while unlocking new revenue streams for hotel operators. For more information, visit
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Non-IFRS measures This news release presents information about EBITDA and Adjusted EBITDA, both of which are non-IFRS financial measures, to provide supplementary information about operating performance. Plurilock defines EBITDA as net income or loss before interest, income taxes, depreciation, and amortization. Adjusted EBITDA removes non-cash share-based compensation, financing, investor relations and acquisition-related expenses from EBITDA. The Company believes that EBITDA and Adjusted EBITDA is a meaningful financial metric for investors as it adjusts income to reflect amounts which the Company can use to fund working capital requirements, service future interest and principal debt repayments and fund future growth initiatives. EBITDA and Adjusted EBITDA are not intended as a substitute for IFRS measures. A limitation of utilizing these non-IFRS measures is that the IFRS accounting effects of the adjustments do in fact reflect the underlying financial results of Plurilock's business and these effects should not be ignored in evaluating and analyzing Plurilock's financial results. Therefore, management believes that Plurilock's IFRS measures of net loss and the same respective non-IFRS measure should be considered together. Non-IFRS measures do not have any standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Readers should refer to the Company's most recently filed MD&A for a more detailed discussion of these measures and their calculations. Quarterly Filings Management's Discussion and Analysis and Interim Condensed Consolidated Financial Statements and the notes thereto for the fiscal period ended June 30, 2025, can be obtained from Plurilock's corporate website at and under Plurilock's SEDAR+ profile at About Plurilock Plurilock is a services-led, product-enabled, AI-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure isn't an option. Trusted by Five-Eyes governments, NATO-aligned agencies, and Global 2000 enterprises, we defend critical infrastructure and safeguard the systems that power modern life. Our Critical Services division delivers operational resilience through unmatched expertise, proprietary IP, and AI-driven playbooks. For more information, visit or contact: Ian L. Paterson Chief Executive Officer ian@ 416.800.1566 Ali Hakimzadeh Executive Chairman ali@ 604.306.5720 Sean Peasgood Investor Relations sean@ 647.953.5607 Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the TSX Venture Exchange policies) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") related to future events or Plurilock's future business, operations, and financial performance and condition. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Plurilock's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Plurilock. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Plurilock undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risk Factors" in its most recent Annual Information Form. They are otherwise disclosed in its filings with securities regulatory authorities available on SEDAR+ at
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