The Daily Briefing: Guesty, Kigo & HiRUM, SensePass, and VFR.ai

General News

Summary

Guesty Announces the Acquisition of Hospitality Software Companies Kigo and HiRUM The Israeli property management platform for the short-term rental and hospitality industry, Guesty, announced the acquisition of Spain-based vacation rental software company, Kigo, and Australian property management software company, HiRUM. Further details of the purchases were not disclosed, yet they come shortly after Guesty’s recent funding round of $170 million. Guesty hopes that the merger will expand its presence in strategic regional markets to further its mission of becoming the premier global provider of property management and hospitality solutions The Israeli startup is developing a digital payment network. SensePass was founded in 2017 by Moty Arcuschin (CEO), Chen Cohen (COO), and Nir Alperovitch (CTO). VFR.ai Comes Out of Stealth With $10 million funding VFR.ai, a connected TV (CTV) innovator, has launched new technology that creates native advertising experiences.

Classifications

industries
Hospitality
applications
Accounting and Taxes

AskAI Classifications

Labels
Property Management Software Channel Manager Software Booking Engine Software

Linked Companies

HiRUM
$1M to $5M
Kigo
$5M to $10M
Guesty
$10M to $25M