Written by Alex Bredeen
Hotel Manager lands £1m investment from Fuel Ventures, leading early stage VC Pitchdrive and a host of other great investors
The UK based company was founded in 2020, providing hotels with a suite of solutions, allowing hotels to combine the modules they need for their properties with an easy to use no-code platform. Mix and match modules like Chat, Check-In and Commerce enable hotels to supercharge revenues and rule operations.
Hoteliers are able to launch their own guest facing applications to enable a new communication channel, promoting in-house services as well as attracting diversified revenue streams through commission based experience booking income. On the operational side, Hotel Manager provides staff with a purpose built solution - helping move away from excel spreadsheets and WhatsApp.
Why Hotel Manager?
Led by CEO Ajwad Hashim, 2x Founder and former Technology Innovation lead at Barclays; together with Gokulan Kannan, Agni Ilango and Jay Luarca, the team bring a wealth of SaaS technology and commercial experience to the company. This experience combined with the executive leadership of veteran hotelier Francisco Macedo (Hotelier and Chair of the Institute of Hospitality South East) makes the team perfectly placed to reimagine the future of hospitality.
“In order for hotels to win in the new world of travel, they will need powerful solutions that work in their favour, and not against them. Existing tech is too expensive, too fragmented and not cut out for the modern world. Together with hotel owners, hospitality staff members and fellow travellers, we’ve reimagined hotel software from the ground up and purpose-built it for an on-demand generation.” Ajwad Hashim, CEO
What does Fuel Ventures think?
It was an absolute no-brainer for Fuel Ventures Pre-Seed fund to lead this round. The hotel industry is absolutely primed for disruption in this post-covid world. Customers now expect by default to be able to enjoy their hotel experience in a fully tech-enabled way, and hotels big and small currently are far from able to provide this. Hotel Manager not only enriches the customer experience, but also provides tech-enabled tools to help hotels operate more efficiently - which is going to be especially important given the wider economic environment.
Throw in a top team led by CEO AJ and follow-on investment from Pitchdrive - it all adds up to an investment the Fuel Ventures team will be watching very closely going forward.
What’s next?
With this round, Hotel Manager aims to build on its rapid growth in user base and further expand into global markets. The funding will enable the team to expand and hire key team members as well as develop strategic partnerships to drive user growth.
To find out more about Hotel Manager, visit www.hotelmanager.co
If you are an entrepreneur looking for investment, please apply here or email your deck at alexb@fuel.ventures or reach out to me on LinkedIn.
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