Operto locks in $12M funding round for accommodation tech
Summary
Operto Guest Technologies will use a Series A funding round of $12 million to embark on a expansion program on multiple fronts. It is second major strategic move for Operto following the appointment of Steve Davis as CEO in October 2020, replacing co-founder Michael Driedger. Operto will use the investment - its first publicly disclosed round - to further develop its Connect operation system, as well as expand into other accommodation verticals and countries. Hosts use the companys tools to organize housekeeping, maintenance and guest access, alongside other property services. Davis says: "Now is the right time to double-down on our growth plans, and working alongside our new incredible partners at FUSE, Watchfire and with our broader investor consortium, will allow us to build on this momentum.