Reported 9 days ago
DIAMO, a revenue management platform tailored for independent hotels, has successfully raised $4 million in seed funding to enhance its product development and global reach. The investment was spearheaded by Thayer Ventures, with contributions from Inovia Capital and other angel investors. DIAMO aims to empower smaller hotels by offering them sophisticated revenue management tools traditionally available only to larger chains, enabling them to optimize their revenue and enhance guest experiences. The platform anticipates the introduction of an AI assistant named 'ANDI' to further assist hoteliers with real-time data-driven revenue strategies and digital marketing.
Source: YAHOO