Canary Technologies

Canary Technologies

A leader in hospitality technology that provides hoteliers with easy, intuitive, and secure solutions to help hotels provide an ideal guest experience.

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$80.0m

Series D
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD202020222023
Revenues000000000000
% growth--55 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about Canary Technologies
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Canary Technologies is a forward-thinking company specializing in hospitality management software designed to enhance the guest experience, streamline hotel operations, and boost revenue. The company operates in the hospitality industry, specifically targeting hotels and other lodging establishments. Canary Technologies offers a comprehensive Digital Guest Journey Platform that helps hotels improve guest satisfaction, consolidate various operational tools, increase revenue, and reduce costs.

The platform provides a range of features, including room upgrades, early check-in, late checkout, and other amenities that can be easily managed and tracked. This allows hotels to offer personalized experiences to their guests while also maximizing their revenue potential. Canary Technologies also focuses on integrating seamlessly with existing hotel technology stacks, ensuring smooth operations and minimal disruption.

The company's business model revolves around providing software-as-a-service (SaaS) solutions to its clients. Hotels subscribe to Canary's platform, paying a recurring fee for access to its suite of tools and features. This subscription-based model ensures a steady stream of revenue for Canary Technologies while offering hotels a scalable and flexible solution to meet their needs.

Canary Technologies serves a diverse range of clients within the hospitality sector, from small boutique hotels to large international chains. By offering a user-friendly and powerful platform, the company aims to transform how hoteliers operate their properties and deliver exceptional hospitality to their guests.

In summary, Canary Technologies is building the future of hotel technology by providing innovative solutions that enhance guest experiences, streamline operations, and drive revenue growth for hotels.

Keywords: Hospitality, Hotel Management, Guest Experience, Revenue Boost, SaaS, Digital Platform, Upsells, Integrations, Operational Efficiency, Hotel Technology.

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