SaaS startups have become the darling of Venture Capital investors, especially in the Hospitality industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 13 VC funded SaaS startups in the Hospitality industry.
The goal of Cloudbeds is to power every property on the planet with our seamless, cloud-based hospitality management system. We provide independent hotels and hosts with the tools they need to improve their operational efficiency, increase income, and create exceptional guest experiences. With its corporate headquarters in San Diego, California, Cloudbeds was established in 2012.
To enhance homestay experiences, Dack creates a SaaS platform. The business is headquartered in Los Angeles, California, and was established in 2019.
The California-based startup Kleverness creates automation technologies for home and commercial structures. The group has created its solutions from the bottom up, spanning everything from software creation and artificial intelligence to hardware production and circuit design. By eliminating the requirement to modify building wiring in order to enable things to function, Kleverness overcame the largest obstacle in automation. In terms of energy efficiency and usefulness, Kleverness exceeds premier systems and is simple to install in any house or hotel.
Onvi is a cutting-edge point-of-sale system created to assist ambitious hospitality companies in accepting more orders and payments across all channels. The finest in online ordering, a fully integrated order management system for delivery, and the deep insights to assist operators transform their passion into profit are all provided by Onvi to fuel hospitality enterprises.
Through its market-leading collection of cloud-based business intelligence tools, including Rate Insight, Parity Insight, and Revenue Insight, OTA Insight equips hotels to make wiser revenue and distribution choices. The OTA Insight platform interacts with various industry products like hotel property management systems, top revenue management systems, and data benchmarking suppliers. It offers live updates, 24/7 assistance from our customer success team, and a very intuitive and customizable interface. Over 50,000 properties are supported by the global team of professionals at OTA Insight, which has members headquartered in the UK, US, France, Germany, Belgium, Spain, Italy, Brazil, Mexico, Singapore, Australia, India, and Greece. One of the top 10 "Ones to Watch" in the Sunday Times Tech Track 100, OTA Insight is a well-known innovator in the hospitality industry.
Popmenu is a SaaS company that helps restaurants turn their menu into a customer conversion engine. Its cloud-based marketing and customer engagement platform use smart algorithms to track and convert menus, feedback, customer ratings, and related information into an interactive forum for hotels and customers to communicate directly with each other and access personalized menu and restaurant recommendations in real-time. The platform enables businesses to take control of their menu and increase customer engagement. The company was founded in 2016 and is headquartered in Atlanta, Georgia.
Revinate empowers hoteliers to connect directly with guests at every touchpoint to deliver delightful experiences and drive direct revenue. Our data platform and guest communication solutions put hoteliers in control of every step of their guests’ journeys — initial research, booking, check-in, throughout the stay, and even after check-out. We do this all using the communication channels that the guests prefer, whether it’s voice, text, email, or web chat. We have 4 international offices, located in California, Oregon, Amsterdam, and Singapore.
Through their app, which is powered by algorithms, Rota, a company that specializes in temporary hospitality employees, connects hospitality venues and quality staff. Through the use of technology, they provide improved working conditions, value, and quality while matching qualified, experienced personnel to employment in restaurants, hotels, and caterers.
Superb is the new way for restaurants to build guest relationships and maximise revenue using data. Their management platform is built to match the needs of the business, whether clients are opening a new restaurant or switching from another provider. The lack of integrations makes it challenging for restaurants to collect and use the insights needed to improve performance, upsell to guests and build repeat business.
Tablevibe helps restaurants take commission-free pickup and delivery orders on their own websites & apps. We also help restaurants attract new direct customers, boost online ratings, and grow customer lifetime value. We're making 4 key promises to restaurants: 1. $0 fixed costs, $0 setup fees, 0% commission. 2. No transaction fees for the first US$60,000 (or local currency equivalent) in orders. 3. You own all your customer data. 4. Deliveries by food professionals (eg. DoorDash, Foodpanda, Grab) at a low flat fee. Here's how much restaurants save on a $35 order versus the #1 delivery app in their region: US: Save $8.30 (72%) in fees. CA: Save $6.80 (59%) in fees. AU: Save $7.31 (63%) in fees. SG: Save $5.45 (52%) in fees. Would you like to learn more? Have a look at Tablevibe.co or drop us a line at email@example.com. We’re looking forward to connecting with you.
Thynk.Cloud is a leading hospitality cloud solution servicing the corporate travel and MICE industry. Its customer-centric and data-driven modules integrate use cases built by hoteliers, for hoteliers. Thynk.Cloud is leveraged by sales and operation teams globally in order to grow better revenue streams through collaboration, focus, higher productivity, agility of tailored packages, and data-driven decision making. The solution delivers a seamless customer experience enhancing guest satisfaction and loyalty. Thynk is powered by Salesforce. For more information please reach out to us on https://www.thynk.cloud/.
Vouch creates user-friendly digital concierges for hospitality and travel, giving them the flexibility to focus on the important tasks. Artificial intelligence (AI) is used by their app-free, chat-based digital concierge to assist guests and customers around-the-clock with purchases and in-house requests. We have been successful in enhancing the customer and visitor experience, boosting productivity, and seizing revenue-generating opportunities.
The hosts and owners may become super heroes with the aid of the business analytics platform Wheelhouse. We take great pride in the fact that our flagship product, data-driven pricing, has helped thousands of hosts and company owners generate a sizable increase in income. We are a group of recent graduates from YC, PhDs in data science, engineers for hedge funds, product advocates, and hustlers. The guiding principles of our team are "empowered together" and "really enjoyable." We believe that sums up the mindset and ideals of a group that gets things done, gets along really well, and isn't opposed sharing a beer at approximately 5 pm on Friday. More team members may be found here: https://www.usewheelhouse.com/about-us - https://angel.co/usewheelhouse