BeCause Raises $600K; Closes $2.5M Seed Funding
Summary
BeCause, a Copenhagen, Denmark-based enterprise software company enabling global hospitality, travel, and tourism industries to manage their sustainability data, raised $600K in Seed extension funding. Led by CEO Frederik Steensgaard, BeCause is an enterprise software company that streamlines the flow of sustainability data and creates synergies between different stakeholders in the travel, tourism, and hospitality industries, empowering them to make decisions that result in positive, responsible change for people, the planet, and their profits. It works with over 20,000 hotels, including brands like Radisson, certification entities like GreenKey, industry partners like the Global Sustainable Tourism Council, and marketplaces like Booking.com. Commenting on the news, Frederik Steensgaard said: “We reserved some space at the end of our round for a strategic investor to join on equal terms and are thrilled to have found that partner in Curiosity VC. As an AI-focused fund, Curiosity brings key competencies and an international network to the table that will prove invaluable to us as we continue to unfold how artificial intelligence can enable more sustainability-focused operations in hospitality and tourism and across our growing set of solutions.”