CANARY SECURES $50 MILLION TO RESEARCH AI GUEST TECH

HOSPITALITY SOFTWARE PROVIDER Canary Technologies recently closed a $50 million Series C funding round to research AI guest technology in the hospitality
sector, bringing its total fundraising to nearly $100 million. The company’s software includes mobile check-in and checkout, tablet registration, upsells,
guest messaging, Canary AI and digital tipping.

The recent investment round was led by global software investor Insight Partners, who also led the company’s Series B, with participation from existing investors
F-Prime Capital, Thayer Ventures, Y-Combinator and Commerce Ventures, Canary said in a statement. California-based Canary is led by CEO Harman Singh Narula and
President SJ Sawhney.

“AI is transforming the way we live, work and travel,” said Narula. “Canary is at the forefront of delivering enterprise-grade hospitality AI solutions that
empower hoteliers to streamline operations, boost efficiency and elevate the guest experience, This funding milestone is a reflection of the team’s hard work
and the immense impact that Canary is making for hoteliers, including many of the world’s largest enterprise hotel brands. We continue to see significant
demand in the market for our products and are excited to extend our partnership with existing investors.”