Operto Guest Technologies
has landed $25 million in a Series B round.
The investment in the Canada-based startup was led by Centana Growth Partners with Thayer Ventures, FUSE, Blackpines Capital Partners and Derive Ventures also participating.
The company has also announced that HotelTonight founder Sam Shank is joining the board of directors.
HotelTonight was acquired by Airbnb in 2019
with Shank joining the accommodation platform until his departure late last year.
Operto, which specializes in automation tools for hotels and rentals, says the funding will go toward further expansion.
Subscribe to our newsletter below
Steve Davis, CEO of Operto, says: ”We are delighted to announce our B-round funding, which will enable us to build upon our exceptional company growth over the past three years. It will accelerate our company mission to build cutting-edge technology solutions that drive amazing guest experiences, across the entire accommodation spectrum. In addition, our solutions will continue to deliver huge operational efficiencies for property owners and hosts by lowering costs and driving additional in-stay guest revenues, which is becoming increasingly important in today’s macroeconomic environment."
Eric Byunn, co-founder and partner at Centana, says: “Operto is leading the digital transformation of the hospitality industry by creating a seamless, automated check-in and check-out experience for its customers.”
Operto announced the acquisition of STAYMyway in late 2022
, saying that it planned to accelerate the rollout of the digital key partnership that STAYMyway announced with Accor in 2021.
Operto announced Series A funding of $12 million
just over a year ago.