Canary Technologies Secures $80m Funding to Boost Global Expansion in Hospitality AI

Canary Technologies, a hotel guest management technology company, has secured an $80m Series D funding round to expand its hospitality AI presence globally. The funding, led by Brighton Park Capital, boosts the company's valuation to $600m. The fresh investment will be used to accelerate Canary's international presence and further develop its AI-driven guest engagement solutions. The company serves over 20,000 hotels across more than 100 countries and has forged partnerships with hotel brands such as Marriott and Wyndham.

Canary Technologies, a leading provider of hotel guest management technology, has announced the closure of an $80 million Series D funding round. The round was led by Brighton Park Capital, with participation from existing investors including Insight Partners, F-Prime Capital, Thayer Ventures, Y-Combinator, and Commerce Ventures. This latest investment boosts Canary's valuation to approximately $600 million [1].

The funding will be utilized to accelerate Canary's international expansion and further develop its AI-driven guest engagement solutions. The company currently serves over 20,000 hotels across more than 100 countries and has established partnerships with major hotel brands such as Marriott, Wyndham, Best Western, and TUI Hotels & Resorts [2][3].

Canary Technologies was founded in 2018 by lifelong friends and hospitality experts Harman Singh Narula and SJ Sawhney. The company's platform offers a comprehensive suite of services that encompass every aspect of the guest journey, from booking to departure. These services include mobile check-in, text-based assistance, and AI-powered voice and web interactions [1][3].

Harman Singh Narula, CEO and Co-founder of Canary Technologies, stated, "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" [3].

Kevin Magan, Partner at Brighton Park Capital, expressed his enthusiasm for the partnership, "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" [3].

This funding round comes on the heels of a $50 million Series C raise announced last year and follows a year of significant growth marked by partnerships with leading hotel brands and the launch of new AI products such as AI Voice and Webchat [3].

References:
[1] https://finance.yahoo.com/news/hotel-management-platform-canary-nabs-183000098.html
[2] https://finance.yahoo.com/news/canary-raises-80m-fuel-expansion-091805023.html
[3] https://www.prnewswire.com/news-releases/canary-technologies-raises-80m-to-solidify-its-position-as-the-hospitality-ai-leader-and-accelerate-global-reach-302480574.html