Life House, a New York-based provider of an all-in-one hotel operations platform, raised $60M in Series C funding.
The round was led by KAYAK and Inovia Capital with participation from investors Tiger Global, Derive Ventures, JLL, Trinity Ventures, Sound Ventures and Cooley.
The company intends to use the funds to continue building its cloud-based hotel management platform and invest in improving and growing its white-label management platform.
Founded in 2017 by CEO Rami Zeidan, Life House provides a cloud-based vertically integrated hotel software & operations platform focused on increasing profitability and reliability for independent hoteliers with any size hotel or level of expertise – from revenue management and dynamic pricing, to financial reporting and accounting, to full-on management, branding and design. The company’s software platform leverages API-first products in the market in the creation of a comprehensive platform for core business functions. Today the company’s three core systems power 1) revenue management, 2) financial operations, and 3) property operations.
Today, the company operates nearly 50 hotels in its portfolio across North America.