Virdee, an Austin, TX-based company which specializes in guest experience technology and check-in automation, raised $12.4M in Series A funding.
The round was led by Moneta Ventures with participation from Silverton Partners, Koch Real Estate Investments, Alumni Ventures, DJR Advisors, Capital Factory and other partners. In. conjunction with the funding, Brent Kelton, Partner at Moneta Ventures, joined Virdee’s board.
The investment, which brought the total amount to $21M, followed previous Seed financing led by Silverton Partners in February 2022 as well as a 2020 angel investment led by Rajiv Trivedi, former President of La Quinta Inns & Suites.
The company intends to use the funds to further its technological innovation with expanded product features and functionality, while growing its workforce, and its presence in the hospitality sector.
Founded in 2020 by Branigan Mulcahy and Nadav Cornberg, Virdee is a software company serving the hospitality industry via a guest experience technology and check-in automation platform activating Web, app, kiosk, and SDK options. The platform connects guests and hotels via digital applications and AI, automating all front desk transactions. Everyone from large hotel brands to boutique properties can plug Virdee’s solution into their existing digital experience – elevating the guest experience, eliminating lines, and turning front desk staff into guest relationship managers.
The company’s contactless hotel check-in experience works anywhere and with any system, whether you have a web-, app-, or kiosk-based system, all features including Virdee Identity, upgrades and upsells, and Remote Assistance, while supporting 100% of guest check-ins. Virdee’s installation base includes four of the largest casino hotels in Las Vegas and several other major hotel brands.
FinSMEs
16/11/2023