GrowthCurve Capital Buys Duetto in Bet on Hotel Rate Setting Tech

Key Points

• GrowthCurve Capital acquired Duetto, aiming to advance its AI strategy and market expansion.
• Duetto's platform aids hotels in revenue management, marketing, and data analysis.
• Duetto serves over 6,000 properties and has raised more than $141 million in venture capital.

Summary

GrowthCurve Capital has acquired hotel revenue management company Duetto from Warburg Pincus affiliates and other shareholders. Duetto offers a software platform that helps hotels manage revenue, marketing, and data analysis to optimize room rates. GrowthCurve aims to enhance Duetto's AI strategy and expand its market reach. Duetto serves over 6,000 hotel and casino properties and has raised over $141 million in venture capital. The company's CEO, David Woolenberg, took on his current role in 2020.