Canary Takes Flight: $50M Series C Fuels Hospitality's AI Revolution

The hospitality industry is at a crossroads. As travel has rebounded and the pandemic faded, hoteliers have looked for ways to modernize the guest experience and streamline operations. Guest-facing digital solutions have become a critical piece of the hotel tech stack. As the hotel industry has been undergoing this digital transformation, AI has made a grand entrance; poised to revolutionize the way hotels cater to their guests. At Canary Technologies, we're proud to be at the forefront of this exciting shift, and our recent $50 million Series C funding round is a testament to our commitment to helping drive this evolution.

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Recently, we announced the closing of our $50 million Series C funding round, led by Insight Partners with participation from existing investors. Insight previously led our Series B. This brings our total fundraising to nearly $100 million, making Canary one of the top-funded hotel technology companies globally.

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When our inside investors approached us about a potential capital raise, we saw it as a resounding vote of confidence in Canary's growth trajectory and an opportunity to accelerate our roadmap further. Even amidst a challenging year for tech, Canary has thrived, exceeding ambitious targets and now serving over 20,000 hoteliers across more than 80 countries with our industry-leading guest management solutions.

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This capital raise will accelerate the development and deployment of cutting-edge AI technology specifically designed for the hospitality industry. In fact, Canary is already partnering with multiple industry giants, including Wyndham on one of the largest rollouts of guest-facing AI tech in the business.

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Reaching this significant milestone is a direct result of the extraordinary talent, unwavering determination and passion demonstrated by each member of the Canary team. Your dedication to empowering hoteliers worldwide is truly inspiring. We are immensely grateful for your invaluable contributions- thank you for your hard work, passion and commitment.

What This Means for Our Valued Customers

At Canary, our mission remains as clear as ever: to empower hoteliers with the tools they need to deliver the best guest experience possible and remain competitive in the evolving lodging landscape. We understand that today's guests expect seamless communication, convenience and a personalized touch. Our AI-powered solutions provide hoteliers with the means to:

 
• Offer modern communication channels: Guests crave the ability to text with hotels instead of being confined to phone calls. Canary empowers hoteliers to meet these expectations, fostering stronger guest relationships and streamlining communication workflows.
 
• Unlock greater efficiency: Whether it's intelligent automation tasks or providing guests with hyper-personalized recommendations, AI is transforming the way hotels operate. Canary AI is making these solutions accessible, putting hoteliers at the forefront of guest experience innovation.
 
• Keep guests at the center of everything: Our unwavering commitment to both hoteliers and their guests is what sets us apart. We build technology that empowers hotels to deliver exceptional experiences, ultimately driving guest satisfaction and loyalty.

We started Canary because we believed hoteliers deserved better technology. Today, we're fueled by the trust and continued support of more than 20,000 hoteliers. This Series C funding round is a major milestone, but it's just the beginning. We're excited to leverage this investment to continue shaping the future of hospitality, one AI-powered solution at a time.