202227 Oct

Canary Technologies Receives $30M Series B

Summary

SAN FRANCISCO, CA, Canary Technologies announced today that it has raised an additional $30 million in Series B funding. Canary Technologies, which is modernizing the hotel tech stack with the first fully mobile web end-to-end Guest Management System and its award-winning Digital Authorization solution, announced today that it has raised an additional $30 million in Series B funding led by global software investor Insight Partners, with continued participation from F-Prime Capital, Y-Combinator, Thayer Ventures, Commerce Ventures, and others. This brings the companys total fundraising to date to $45 million. Canary Technologies is modernizing the hotel tech stack with the first mobile web end-to-end Guest Management System and its award-winning Digital Authorizations solutions. Canarys solutions help hotels eliminate paper processes, boost revenue with upsells, raise staff efficiency, ensure PCI compliance, improve the guest experience, and reduce chargebacks and payment fraud.

Source: Vcnewsdaily

Funding

$30M
Amount
Oct 27 2022
Date
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Investor
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Company

Classifications

Companies