Canary raises $50M to accelerate AI guest technology

Canary Technologies has closed a $50-million Series C funding round to accelerate AI guest technology in the hospitality sector.

The 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. This brings Canary’s total fundraising to date to nearly $100 million.

“AI is transforming the way we live, work and travel,” said Harman Singh Narula, CEO, Canary, who cofounded the company with President SJ Sawhney. “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.”

Thomas Krane, managing director, Insight Partners, said, “In a year that proved tough on growth and execution in the tech ecosystem, we saw Canary thrive and exceed their ambitious targets, prompting us to double down. We continue to be impressed with Harman, SJ and the team’s tenacity and ability to deliver hoteliers the best-in-class solutions they need most and are honored to be a part of the company’s journey.”

Canary is currently deploying one of the largest rollouts of guest-facing AI technology in hospitality ever, according to the company.

“Canary remains focused on our mission of helping hoteliers modernize their tech stack to deliver the best guest experiences possible,” said Sawhney. “We are thrilled to utilize the funding to continue building a world-class team focused on innovation while expediting our ambitious roadmap. With Canary AI already deployed in some of the world’s largest enterprise hotel brands, we look forward to further enhancing our AI capabilities and broadening its use across the industry.”