StayNTouch, a Bethesda, MD-based provider of mobile technology and Property Management Systems (PMS) for hotels, closed a $9.5m funding.
The round was led by Concur, through its Perfect Trip Fund, and Shiji (Hong Kong) Ltd., with participation from Triangle Peak Partners and Acceleprise.As part of the financing, Mike Eberhard, President of Global Distribution, Concur, and Kevin King, Chief Operating Officer, Shiji Group, will join the StayNTouch Board of Directors.
The company intends to use the funds to build out its solutions worldwide.
Led by Founder and CEO Jos Schaap, StayNTouch provides cloud-based management technology that allows hotels to leverage tablets and mobile devices to connect staff and guests to enhance the guest experience and drive increased guest revenue. The company’s Zest™ solution allows guests to self check-in and out, view hotel folio and receive upgrade promotions, all from their smart phones.
Since its inception in 2013, StayNTouch has signed dozens of high profile properties and is currently deployed in select cities in the U.S and Europe.
Clients include MGM Resorts International, Yotel, Great Wolf Hotels and Resorts, Zoku Amsterdam and the Fontainebleau Miami Beach.