Hotel Tech Company Canary Technologies Secures $80 Million Funding for Enhancing Hotel Guest Management Systems

Canary Technologies, a pioneering hotel guest management technology company, has recently closed an impressive $80 million Series D funding round. This investment marks a significant milestone for the company, which was launched in 2018 by lifelong friends and hospitality experts Harman Singh Narula and SJ Sawhney.

The funding round was led by Brighton Park Capital, with participation from existing investors such as Insight Partners, F-Prime Capital, Thayer Ventures, Y Combinator, and Commerce Ventures. Brighton Park Capital's Partner, Kevin Magan, expressed his enthusiasm about partnering with Canary's team as they accelerate their momentum and solidify their position as a category leader.

The investment comes as no surprise, given Canary's year of growth marked by major partnerships with industry giants like Best Western, Aimbridge Hospitality, Marriott, Wyndham, TUI Hotels & Resorts, and others. SJ Sawhney, President and Co-Founder of Canary Technologies, expressed his excitement about the company's unprecedented scale and growth within the travel and hospitality sector.

Harman Singh Narula, CEO and Co-founder of Canary, expressed the team's continued commitment to building AI solutions tailored for the hospitality industry. In line with this commitment, Canary Technologies unveiled the launch of new cutting-edge AI products, including AI Voice and Webchat.

This latest investment brings Canary's valuation to about $600 million. The funding will be used to accelerate Canary's rapid expansion as global demand for AI-powered guest engagement solutions rises. The company's CEO stated that they are proud to be at the forefront of the transformation of the hospitality industry powered by AI.

Brighton Park Capital's involvement in Canary's funding round signifies their confidence in the company's potential for continued growth and success. Kevin Magan highlighted Canary Technologies' commitment to elevating the industry with their AI solutions.

Canary's mission is to create intuitive, guest-centric technology that redefines the hospitality experience. Their AI solutions are developed in close collaboration with customers, designed to improve industry operations, and inspired by hoteliers' workflows.

SJ Sawhney emphasized Canary's partnership with Harman, SJ, and the entire team as a significant factor in their accelerated momentum and leadership position. The partnership between Brighton Park Capital and Canary Technologies is expected to contribute to Canary's rapid expansion and global demand for AI-powered guest engagement solutions.

In conclusion, the $80 million Series D funding round is a testament to Canary Technologies' success and growth in the hospitality industry. With their innovative AI solutions and strong partnerships, Canary is poised for long-term success and sustained global leadership.

Hotel Tech Company Canary Technologies Secures $80 Million Funding for Enhancing Hotel Guest Management Systems