Canary Technologies, a San Francisco, CA-based provider of hotel guest management technology, raised a $50 million Series C funding, bringing its total raised to nearly $100M.
Investors
The round was led by Insight Partners, with participation from existing investors F-Prime Capital, Thayer Ventures, Y-Combinator, and Commerce Ventures.
Insight Partners is a global software investor partnering with high-growth technology, software, and internet startup and scaleUp companies. The firm was founded in 1995 and is based in New York, New York.
Canary Technologies Use of Funds
The company will use the funding to expand its product offerings, enhance its technology, and accelerate its growth in the competitive hotel technology market.
About Canary Technologies
Founded by Harman Singh Narula and Satjot "SJ" Sawhney, Canary Technologies offers an AI-driven guest management platform that helps hoteliers manage guest interactions, streamline check-ins, personalize guest experiences, and optimize hotel operations. The company serves over 20,000 hoteliers, including major enterprise brands like Wyndham, Marriott, Hilton, and Four Seasons. Canary's Hotel Management Software includes Mobile Check-In/Checkout, Tablet Registration, Upsells, Guest Messaging, Canary AI, and Digital Tipping. Learn more at canarytechnologies.com.
Funding Details
Company: Canary Technologies
Raised: $50.0M
Round: Series C
Funding Month: June 2024
Lead Investors: Insight Partners
Additional Investors: F-Prime Capital, Thayer Ventures, Y-Combinator, Commerce Ventures
Company Website: https://www.canarytechnologies.com/
Software Category: Hospitality AI Solutions
Source: https://www.prnewswire.com/news-releases/canary-technologies-raises-50m-to-accelerate-ai-guest-technology-in-hospitality-302170024.html