Canary Technologies, a leading provider of guest management solutions for hotels, has announced a successful $50 million Series C funding round. This brings the company’s total funding to nearly $100 million, solidifying its position as one of the most well-funded hotel technology companies globally.
The funding round was led by existing investor Insight Partners, a global software investor specialising in high-growth tech companies. Participation from other existing investors, including F-Prime Capital, Thayer Ventures, Y-Combinator, and Commerce Ventures, demonstrates continued confidence in Canary’s performance and growth trajectory.
Co-founded by hospitality and technology veterans Narula and Sawhney, Canary boasts a leadership team with extensive industry experience.
In a related note, late last year, we also reported about how Atmosfy secured $12M to help its users discover dining, nightlife, hotels and more via short videos. It’s an interesting story too.
What problem is the startup solving
Canary Technologies tackles inefficiencies in the hospitality industry by offering an AI-powered Guest Management Platform. This platform streamlines tasks throughout the guest experience, from pre-booking to check-out, with features like mobile check-in/out and digital tipping.
By automating manual processes and leveraging guest data, Canary aims to improve operational efficiency for hotels, while also enhancing the guest experience through features like upsells and improved communication.
Canary currently serves over 20,000 hoteliers worldwide, including major hospitality brands like Wyndham, Marriott, Hilton, and Four Seasons.
“AI is transforming the way we live, work, and travel,” said Harman Singh Narula, CEO and co-founder of Canary. “Canary is at the forefront of delivering enterprise-grade hospitality AI solutions that empower hoteliers to streamline operations, boost efficiency and elevate the guest experience.”
How will the funding be used
This funding will allow Canary to continue building its world-class team and accelerate its ambitious product roadmap. The company plans to leverage the capital to further enhance its AI capabilities and broaden its reach within the hospitality industry.
“Canary remains focused on our mission of helping hoteliers modernise their tech stack to deliver the best guest experiences possible,” said SJ Sawhney, President and co-founder of Canary Technologies.
Canary’s award-winning Guest Management Platform offers a comprehensive suite of digital solutions, from pre-booking to check-out. Notably, the company is currently deploying one of the largest rollouts of guest-facing AI technology ever seen in the hospitality sector.
What we think about the startup
Canary’s success reflects the growing importance of AI in the hospitality industry. As hotels strive to streamline operations, improve guest experiences, and compete in an increasingly digital landscape, Canary’s AI-powered solutions position the company as a key player in shaping the future of hotel technology.
The company’s strong financial backing, industry expertise, and focus on innovation suggest that Canary will continue to play a significant role in transforming how hotels operate and how guests experience their stays.
