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Travel and Hospitality Tech Series B Founded 2005

Operto

Operto provides cloud-enabled hospitality management software that streamlines operations, enhances guest experiences, and drives growth for hotels, vacation rentals, student housing, and multi-family properties. The platform comprises four integrated products: Operto ONE, an AI-powered solution that protects direct bookings from predatory OTAs by safeguarding hotel search visibility; Operto Teams, which automates…

📍 Vancouver, Canada · Hotel IT,

Funding snapshot

Last roundSeries B
Amount$25M
Date16 March 2023
Total raised$41M
Team size74

About

Operto provides cloud-enabled hospitality management software that streamlines operations, enhances guest experiences, and drives growth for hotels, vacation rentals, student housing, and multi-family properties. The platform comprises four integrated products: Operto ONE, an AI-powered solution that protects direct bookings from predatory OTAs by safeguarding hotel search visibility; Operto Teams, which automates staff scheduling, housekeeping, preventative maintenance, payroll, and task management with customized checklists; Operto Access, which streamlines guest access through mobile keys, contactless check-in, and smart lock integration; and Operto Guest, which enhances the guest experience with digital guidebooks, digital contracts, guest messaging, verification, and upsells. The platform integrates with over 150 third-party solutions including leading Property Management Systems, lock providers, and smart devices. Trusted by over 20,000 property managers and hoteliers across 90+ countries, Operto delivers measurable results including decreased guest check-in time, increased guest satisfaction, and significant savings on monthly operational tasks. Founded in 2005 and headquartered in Vancouver, Canada, Operto has raised approximately $40.7 million in Series B funding from investors including Centana Growth Partners, Thayer Ventures, FUSE, BlackPines Capital Partners, Derive Ventures, and Watchfire Ventures.

Business model

Energy Efficiency Tech > Energy Management System > Building Automation Systems > BEMS,

Hotel IT > Room Automation,

Facility Management Tech > Building Management > Maintenance Management > Diversified,

Property Management Tech > Property Management > Housekeeping

Institutional investors

Centana Growth Partners Thayer Ventures FUSE BlackPines Capital Partners Derive Ventures Watchfire Ventures Discovery Parks Tokavi

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