What does Canary Technologies do?
Canary Technologies is a technology company based in San Francisco that specializes in hotel guest management. The company provides a unified platform designed to optimize hotel operations and enhance the guest experience from pre-booking to checkout, serving a range of properties from independent boutiques to global hotel brands.
How much did they raise?
The company raised $80M in Series D funding, led by Brighton Park Capital with participation from Insight Partners, F-Prime Capital, Thayer Ventures, Y-Combinator, and Commerce Ventures. This funding follows a $50M Series C raise announced 12 months ago, which brought its valuation to approximately $600M.
What are their plans for the money?
With the new capital, Canary Technologies plans to accelerate its global expansion and further integrate artificial intelligence into its hospitality solutions, aiming to enhance operational efficiency and deliver a superior, guest-centric experience.
What have they achieved so far?
Since its founding in 2018 by hospitality experts Harman Singh Narula and SJ Sawhney, Canary Technologies has successfully established itself as a key player in the industry, serving a diverse portfolio of hotel properties and continuously innovating its guest management technology.