Latest news with #RoomPriceGenie
Yahoo
28-05-2025
- Business
- Yahoo
Five Elms Capital Raises $1.1 Billion Fund VI to Back High-Growth Software Companies
Software investment firm continues to back ambitious founders with shared values, long-term vision, and a focus on building enduring market leadership. KANSAS CITY, Mo., May 28, 2025 /PRNewswire/ -- Five Elms Capital, a software-focused growth equity firm, today announced the October 2024 closing of Five Elms VI with $1.1 billion in total commitments, the largest fund in firm history. The oversubscribed fund drew strong participation from both existing and new limited partners and meaningfully expanded Five Elms' global investor base. With the close of Fund VI, Five Elms has increased assets under management to over $3 billion and is empowered to continue acting as a trusted partner for fast-growing, founder-led software companies. In Fund VI, Five Elms will continue partnering with software companies that have proven business models, differentiated products, strong customer loyalty, and are poised for meaningful scale. These companies typically have strong foundations and are at a growth inflection point, where focus turns to expanding leadership teams, creating scalable operations, and enhancing products to stay ahead of competitors. Founders typically choose Five Elms for its unique culture and hands-on support, backed by nearly two decades of experience partnering with over 70 software companies globally. "We're very grateful for the continued support of our existing investors and thrilled to welcome new limited partners to Fund VI," said Fred Coulson, Founder and CEO of Five Elms Capital. "Since 2006, we've partnered with founders who have built strong products and distinct company cultures to help them scale into category leaders. Our team is purpose-built to support that transition and is ready to roll up their sleeves alongside our partners." Five Elms' value creation team is a foundational part of the firm's strategy and supports portfolio companies with practical, hands-on expertise as they scale. The team includes 17 in-house software operators with deep experience across executive recruiting, finance, sales and marketing, customer success, product development, and AI enablement. Built to complement founder-led organizations, the value creation team works closely with portfolio company management to accelerate revenue growth, strengthen customer retention, optimize product & AI-enablement, and implement scalable operations to support long-term success. Five Elms VI has already made four platform investments in high-growth software companies: Magma Math - AI-enabled digital learning platform helping students and teachers engage with math through intuitive, open-ended problem solving. RoomPriceGenie - revenue management solution empowering independent hotels to optimize pricing through automation and AI. Pathify - student experience platform connecting higher education institutions with their students through personalized communication and workflow tools. Motivity - practice management and data platform purpose-built for behavioral health providers. "As a founder, it was important to find a partner who understood what we were building—not just in terms of product, but in how we think about team and culture," said Henrik Appert, Founder and CEO of Magma Math. "With Five Elms, we found a team that shares our values, brings meaningful operating experience, and is willing to engage on the things that actually move the business forward. They've been thoughtful, collaborative, and focused on helping us scale the right way." Evercore Private Funds Group acted as the exclusive global placement agent for Five Elms VI, and Foley & Lardner LLP served as fund formation counsel. Please direct all inquiries to media@ About Five ElmsFive Elms Capital is a growth investor in software businesses that users love, providing capital and resources to help companies accelerate growth and further cement their role as industry leaders. With over $3 billion in assets under management and a team of over 80 professionals, Five Elms has invested in more than 70 software platforms worldwide. Beyond providing capital, Five Elms delivers strategic and operational expertise, focused on executing initiatives that move the needle on growth, retention, product, and AI to set companies up for long-term success. For more information, visit View original content to download multimedia: SOURCE Five Elms Capital Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hospitality Net
13-05-2025
- Business
- Hospitality Net
Abode Hotel Tech Investment Index: Revenue Solutions Raise $480M, Overtaking PMS Funding for the First Time
New hotel tech investment report draws data from 32 funding rounds and 30 firms Research shows seismic shift in investor priorities as hotels seek to optimize revenue PMS funding held strong with $375 million combined from Mews, Apaleo and Stayntouch Revenue-focused solutions have officially overtaken property management systems (PMS) as the top-performing category for hotel tech investment, according to a new report by Abode Worldwide, the specialist communications consultancy for the hospitality tech and proptech sectors. Drawing on data from 32 funding rounds across 30 companies, Abode Worldwide's State of Hotel Tech Investment 2025 reveals that revenue-focused solutions attracted over $480 million, significantly outpacing the $375 million raised by PMS providers between December 2023 and April 2025. It marks the first time that global investment into revenue-focused software providers has surpassed PMS solutions, signaling a seismic shift in investor priorities as hotels seek to optimize pricing and boost profitability through rich market insights, automation, AI, and data-driven forecasting. The surge last year was led by Lighthouse, a commercial intelligence platform which raised $370 million Series C, becoming the sector's new unicorn. Revenue management software platform RoomPriceGenie secured $75 million, while Smartness (previously known as SmartPricing) raised €13 million. The rally highlights sustained demand for intelligent pricing, automated rate adjustments, and revenue optimization strategies. PMS leaders including Apaleo, Mews, and Stayntouch also made headlines with major raises. Mews alone accounted for the lion's share of PMS funding, with three separate rounds — including a €101 million Series D — totaling nearly $290 million. Apaleo and Stayntouch added to the momentum with €20 million and $48 million respectively, contributing to a total PMS raise of $375 million across the same 17-month period. Amid persistent global economic uncertainty, hotels are doubling down on technologies that drive revenue and margin. Investors are increasingly shifting focus to platforms that offer clear ROI through smarter pricing, improved yield, and data-led decision-making. We're seeing them put their trust – and dollars – behind solutions that help hoteliers compete more effectively. Jessica Gillingham, CEO of Abode Worldwide and author of the upcoming book Tech-Enabled Hospitality (Kogan Page, Aug 2025) Abode Worldwide's State of Hotel Tech Investment 2025 offers a comprehensive snapshot of startup investment across the global hotel technology ecosystem. Drawing on publicly available funding data sourced from Crunchbase and Abode's industry insight, the Index categorises investment activity by vertical — including PMS, RMS, guest experience, operations, and more — offering unique visibility into where capital is flowing and why. The report found that enhancing guest interactions has become a priority for hotels, as evidenced by the $73 million invested in guest experience platforms and adjacent technologies. The 2025 edition spans activity from December 2023 through April 2025, covering 32 disclosed investment rounds across 30 companies in 15 countries. The Index is designed to help investors, hoteliers, and hospitality tech providers better understand evolving market dynamics, identify growth opportunities, and track the technologies shaping the future of the industry.
