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Venture Capital News: Canary Technologies Receives $30M Series B

2022-10-27
SAN FRANCISCO, CA, Canary Technologies announced today that it has raised an additional $30 million in Series B funding.
Canary Technologies, which is modernizing the hotel tech stack with the first fully mobile web end-to-end Guest Management System and its award-winning Digital Authorization solution, announced today that it has raised an additional $30 million in Series B funding led by global software investor Insight Partners, with continued participation from F-Prime Capital, Y-Combinator, Thayer Ventures, Commerce Ventures, and others. This brings the company's total fundraising to date to $45 million.

Canary Technologies is modernizing the hotel tech stack with the first mobile web end-to-end Guest Management System and its award-winning Digital Authorizations solutions. Digitizing everything from post-booking through checkout, Canary is trusted by more than 20k hoteliers in more than 70 countries, including Four Seasons, Choice Hotels, Radisson Hotels and Ace Hotel Group. Canary's solutions help hotels eliminate paper processes, boost revenue with upsells, raise staff efficiency, ensure PCI compliance, improve the guest experience, and reduce chargebacks and payment fraud.
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