Hotel platform Canary Technologies signs $15 million investment

Canary Technologies secured backing from lead investor F-Prime Capital with a $15m Series A funding round.

Other backers in the US-based company’s new round include Y Combinator, Thayer Ventures, Acronym Capital and Gokul Rajaram.

The total raised by the provider of a mobile guest management system for hotels now stands at $17 million.

Canary was founded in 2017 by childhood friends Harman Singh Narula and SJ Sawhney, with a mobile platform that manages hotel operations spanning check-in, post-booking communication and check-out.

Customers using the product are in 65 countries and belong to chains such as Four Seasons, Choice Hotels, Standard Hotels and Ace Hotel Group.

Other product features include upselling tools, guest messaging, and digital contracts.

Narula says: “In recent years, hotels have found themselves facing a new set of competitors that are better equipped from a technological point of view.

“This, combined with the pandemic, has fueled a digital transformation in the industry. We are excited about the impact our solutions are having on hoteliers and will use the additional capital to support our hotel partners and accelerate growth.

Narula previously worked in Starwood’s global strategy group and Sawhney led product and technology at Stayful.

Kasandra J. Stone