Operto Guest Technologies, a Vancouver-based company specializing in smart device automation and SaaS software, has secured $25 million in Series B funding. The round was led by Centana Growth Partners, with participation from Thayer Ventures, FUSE, Blackpines Capital Partners, and Derive Ventures.
The funds will be used to expand Operto’s presence in the global short-term rental and hotel markets. Operto already works exclusively with Accor Hotels to power its international digital key program and plans to expand into new markets and continue providing innovative solutions for property managers.
Operto CEO Steve Davis expressed his excitement about the funding, saying it will accelerate the company’s mission to build cutting-edge technology solutions that drive amazing guest experiences across the accommodation industry. He also noted that Operto’s solutions will deliver huge operational efficiencies for property owners and hosts by lowering costs and driving additional in-stay guest revenues, which is becoming increasingly important in today’s macroeconomic environment.
Operto aims to disrupt the hospitality industry by providing property managers with real-time data and insights to streamline operations, reduce costs, and enhance the guest experience. By allowing hotels, property managers, and others to remotely provide access to, as well as monitor and control, a wide range of devices and systems, such as smartphone-enabled guest verification, security deposit and payment, electronic elevators, and room access, Operto’s proprietary software platform manages all types of guest accommodation, seamlessly connecting the guest, owner/manager, and ancillary 3rd party service providers.
In addition to the funding announcement, Operto has appointed Sam Shank, the former CEO and founder of HotelTonight and head of Airbnb’s commercial team, to its board of directors. With this latest funding and board appointment, Operto is well-positioned to achieve its vision of bringing the benefits of simple, affordable automation to the hospitality industry.
Operto’s continued growth and success in the hospitality industry have been driven by its commitment to providing innovative solutions that meet the evolving needs of the market. With its latest funding, Operto plans to further invest in research and development, expanding its product offerings, and building strategic partnerships to strengthen its position as a leader in the industry. As more property managers and hotel operators seek to leverage technology to enhance the guest experience and optimize operations, Operto is well-positioned to help drive this transformation.
