London, UK - The pioneering tech company, Hotel Manager, today announced a successful procurement of an extra £2.2m funding. This significant achievement comes shortly after the company raised an initial £1m, a move aimed at bolstering its expansion and driving exponential growth across high-end hotels. Consequently, the firm's seed funding increases to a total of £3.2m, providing the London-based enterprise with the necessary resources to aggressively expand and further enhance its award-winning product.
The funding round witnessed participation from Fuel Ventures, who increased their prior investment. Existing investors Pitchdrive, CORE Angels Lisbon, Boost Fund, StartupIst Ventures, and prominent angel investors from the technology and hospitality sectors also took part.
Hotel Manager, a London-based tech firm established in 2020, empowers progressive hotels of varying sizes to operate using modern infrastructure, eliminating the need for an IT department. With services spanning Commerce, Check-In, Chat, and Experiences, Hotel Manager delivers a versatile set of solutions that boost efficiency, unlock new revenue possibilities, and ensure top-tier guest experiences.
Through Hotel Manager, hotel owners can initiate their own guest-focused interfaces, creating a fresh communication channel. This also promotes in-house services and diversifies revenue through commission-based experience booking earnings. Operationally, Hotel Manager equips staff with a dedicated solution, encouraging a shift from traditional methods like Excel spreadsheets and WhatsApp.
At the helm of the company is CEO Ajwad Hashim, a two-time founder and former Technology Innovation lead at Barclays. He's building the company together with his founding team Gokulan Kannan, Agni Ilango, and Jay Luarca, bringing a significant amount of SaaS technology and business experience to the table.
The company's executive leadership is further strengthened by the seasoned hotelier Francisco Macedo, who is also the Chair of the Institute of Hospitality South East. Together, they form an ideal team to revolutionize the future of hospitality.
The latest funding round provides us with the resources necessary to actualize our ambition of driving innovation in the hospitality industry and creating memorable experiences for hotel staff and guests. We have bold plans to speed up our growth, enhance our enterprise client base, expand our award-winning product, and continue to serve the emerging generation of hotel owners and operators worldwide. - Ajwad Hashim, CEO
Hotel Manager plans to leverage the newly acquired funding to build upon its fast-growing user base and expand into international markets. The financial boost will empower the team to recruit key personnel and establish strategic partnerships to stimulate user growth.
We're always looking for new partners and investment possibilities:
🌱 Pre-seed and seed stage (ticket size 200k-500k)
🏎 Highly product and scale driven
🇪🇺 European focussed
🕸 Industry agnostic