Latest news with #guestmanagement
Yahoo
18 hours ago
- Business
- Yahoo
Canary raises $80m to fuel expansion in hospitality AI
Hotel guest management technology company Canary Technologies has secured an $80m Series D funding round to propel its expansion worldwide in the hospitality AI arena. The funding round was led by Brighton Park Capital, with contributions from existing investors which encompass F-Prime Capital, Insight Partners, Thayer Ventures, Y-Combinator, and Commerce Ventures. This additional capital boosts Canary's valuation to an estimated $600m. Canary Technologies CEO and co-founder Harman Singh Narula said: 'Through intelligent, enterprise-grade solutions, we're helping hotels run smarter, deliver faster service and create more personalised guest experiences at scale. '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 energised by the strong demand and excited to expand our partnerships with many of the world's leading hoteliers.' The latest financial milestone follows a $50m Series C funding round last year. The company has forged partnerships with hotel brands such as Marriott, Wyndham, Best Western, and TUI Hotels & Resorts. In response to the increasing worldwide demand for AI-driven guest engagement solutions, Canary has also introduced AI products, including the AI Voice platform and Webchat. The fresh investment will be channelled towards accelerating Canary's international presence. Canary Technologies president and co-founder SJ Sawhney said: 'Our AI solutions are crafted in close partnership with customers, purpose-built for hospitality, and deeply inspired by hoteliers' day-to-day workflows. 'When our hotel partners dream of better service, smarter operations, or more delightful guest experiences, our team works hard to turn those dreams into reality with precision, scale and purpose.' Serving over 20,000 hotels across more than 100 countries, Canary Technologies is a preferred enterprise partner for various brands worldwide. Brighton Park Capital partner Kevin Magan said: 'We're thrilled to partner with Harman, SJ, and the entire team as they accelerate their momentum and solidify their position as a category leader. 'Their dedication to delivering enterprise-grade, high-impact solutions for hoteliers positions them for long-term success and sustained global leadership.' Earlier this year, Aimbridge Hospitality adopted Canary's Digital Tipping solution to enhance guest and associate experiences. "Canary raises $80m to fuel expansion in hospitality AI" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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
2 days ago
- Business
- Hospitality Net
Canary Technologies Raises $80M to Solidify Its Position as the Hospitality AI Leader and Accelerate Global Reach
Canary Technologies, the award-winning global leader in hotel guest management technology, announced today it has closed an $80 million Series D round of funding to accelerate the company's global expansion as a leader in hospitality AI. Brighton Park Capital led the round, with participation from existing investors: Insight Partners, F-Prime Capital, Thayer Ventures, Y-Combinator and Commerce Ventures. This latest investment brings Canary's valuation to approximately $600 million dollars. This fundraise comes on the heels of a $50M Series C raise announced 12 months ago and caps off an impressive year of growth marked by major partnerships with Best Western, Aimbridge Hospitality, Marriott, Wyndham, TUI Hotels & Resorts, and others. Additionally, Canary unveiled the launch of new cutting-edge AI products, including AI Voice and Webchat. As global demand for AI-powered guest engagement solutions continues to rise, Canary will use the funding to accelerate its rapid expansion. The hospitality industry is entering a new era powered by AI, and we're proud to be at the forefront of that transformation. Through intelligent, enterprise-grade solutions, we're helping hotels run smarter, deliver faster service and create more personalized guest experiences at scale. 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 energized by the strong demand and excited to expand our partnerships with many of the world's leading hoteliers. Harman Singh Narula, CEO and Co-founder of Canary The announcement builds on Canary's accelerating growth and influence across the hospitality sector. Today, the company supports more than 20,000 hotels in over 100 countries and serves as the enterprise partner of choice for leading global brands, including Marriott, Wyndham, Best Western and many others. Canary has earned consistent recognition from industry experts—named the #1 Guest Experience Platform in consecutive years by HotelTechReport, and recognized by Deloitte, Fast Company and more. This milestone reflects our team's continued commitment to building solutions that elevate the industry. Our AI solutions are crafted in close partnership with customers, purpose-built for hospitality, and deeply inspired by hoteliers' day-to-day workflows. When our hotel partners dream of better service, smarter operations, or more delightful guest experiences, our team works hard to turn those dreams into reality with precision, scale and purpose. SJ Sawhney, President and Co-Founder of Canary Technologies Canary's scale and growth within the travel and hospitality sector are truly unprecedented. We're thrilled to partner with Harman, SJ, and the entire team as they accelerate their momentum and solidify their position as a category leader. Their dedication to delivering enterprise-grade, high-impact solutions for hoteliers positions them for long-term success and sustained global leadership. Kevin Magan, Partner at Brighton Park Capital About Canary Technologies Founded in 2018 by lifelong friends and hospitality experts Harman Singh Narula and SJ Sawhney, Canary Technologies was born out of a shared vision: to create intuitive, guest-centric technology that redefines the hospitality experience. Today, Canary serves properties of all sizes—from independent boutiques to global hotel brands—delivering a unified platform that modernizes hotel operations and transforms the guest journey, from pre-booking to checkout. For more information, visit About Brighton Park Capital Brighton Park Capital is a New York-based investment firm focused on entrepreneur-led, growth-stage software, healthcare and tech-enabled services companies. The firm invests in companies that provide highly innovative solutions in partnership with great management teams. Brighton Park brings purpose-built, value-add capabilities that match the unique requirements of each of its companies. For more information about Brighton Park Capital, please visit Amanda McDowell Content Marketing Manager View source
