Keypr Unlocks $19 Million for Hotel Keyless Entry: Travel Startup Funding This Week
Photo Credit: Hospitality is a way of delivering service in a variety of contexts. Startups Keypr, Pillow, and Cloudbeds all aim to provide platforms through which hospitality is delivered in a more efficient manner -- regardless of whether their clients are hotels, short-term rental owners, or apartment complex owners. Pillow
Skift Take
Investors used to be skittish about hospitality-tech startups. But this week's multi-million dollar investment rounds in Keypr, Pillow, and Cloudbeds suggest that the lodging software sector is maturing and isn't just about hotels anymore.
Each week we round up travel startups that have recently received or announced funding. The total raised this week was more than $41.5 million.
>>Keypr, a startup that helps hotels offer mobile check-ins, keyless room entry, and mobile-requested room service, has closed a $19 million Series A funding round, led by Karlani Capital.
The 50-person, Los Angeles-based company had previously raised a $1.3 million in a seed round.
A focus for the company is moving from text-based to voice-based functionality and to expand from hotels to casinos and residential clients.
The company has partnerships with Denihan Hospitality, Proper Hospitality, L.E. Hotels and Greystone Hotels, among others. In June, the Keypr platform began deployments in casino
