Userguest, a hotel tech startup that enables hotels to optimize
their direct revenue, has announced the closure of a $2.2M seed funding round.
The funding is led by AI Mada Ventures with participating from CDG Invest,
Saviu Ventures, UM6P Ventures, Kalys VC, Plug & Play and business angels
Philippe Limes and Thane Kuhlman.
Userguest operates in over 30 countries and said it has generated more than $100M in direct revenue for hotels in 2019.
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"This
investment underscores our investors' confidence in our vision to create an
automated tool that optimizes conversions and revenue for hotels," said Hicham Benyebdri, Userguest co-founder.
"Having
solidified our market presence and earned the trust of leading hotel brands, we
are now ready to elevate Userguest to new heights, enhancing hotel performance
while enriching user experience, benefiting both hoteliers and travelers
alike."
Userguest said it intends to use the funding to grow the company through market expansion and to introduce new features and products.
"In addition
to expanding our sales efforts, we are thrilled to announce the upcoming launch
of several exciting features designed to enhance direct bookings and revenue
via hotel websites," said Ahmed Chami, Userguest co-founder and CTO.
"Moreover, we are currently developing a groundbreaking new
product that addresses a critical market need and sets new standards for
innovation in the hospitality industry. Stay tuned for its reveal."