SendSquared Raises $1M Seed Funding

SendSquared, a Minneapolis MN-based marketing communications technology platform for the hospitality industry, raised $1M Seed funding.

The round was led by Cobalt Capital Partners.

The company intends to use the funds to enhance its product, expand its sales, marketing, and product development teams, as well as cultivate strategic partnerships.

Led by Nicolas Wegener, SendSquared provides a communication platform for the hospitality industry that facilitates email marketing, SMS, Voice, CRM, and more to help resorts and hospitality organizations grow by building customer relationships and increasing direct bookings.

The company provides its customers with a feature-rich platform to leverage guest data using the same communication infrastructure that Online Travel Agencies (OTAs) use. The application enables hospitality representatives to interact with guests in real-time through a variety of channels, providing the best possible customer experience. This results in increased guest retention and direct bookings, as well as bigger revenue margins. 

SendSquared currently serves more than 100 resorts, hoteliers, and VRMCs.

FinSMEs

17/08/2021