Smartness announced the close of a 47 million EUR Series B funding round comprising primary and secondary equity as well as a debt component. The round was led by United Ventures and CDP Venture Capital, with participation from existing investor Partech. The company said this brings total capital raised since foundation to over 60 million EUR. Smartness operates in over 40 countries and serves over 5000 customers.
About Smartness
Travel tech firm and hospitality software company offering a multi-product platform including intelligent pricing management, CRM, payments, property management systems, guest communication and operational AI solutions for hotels and holiday homes.
Arco, Italy
Read Company ProfileFrequently Asked Questions
What type of funding round did Smartness raise?
Smartness raised a series-b round.
How much did Smartness raise in its series-b?
Smartness raised $47,000,000 EUR in its series-b.
Who invested in Smartness's series-b?
The investors in Smartness's series-b are: United Ventures, CDP Venture Capital, Partech.
What type of investment was Smartness's series-b?
Smartness's series-b was a equity investment.
How will Smartness use the funds from its series-b?
Smartness plans to use the funds for: international expansion, strategic acquisitions in Europe, market consolidation.