Breezeway raises $15m in Series B funding round
US: Property care and guest experience platform, Breezeway, has announced that it has raised $15 million in Series B funding to accelerate its growth.
The round was led by growth equity firm Catalyst Investors, with participation from existing investor Schooner Capital.
Founded in 2017 by CEO Jeremy Gall, who previously founded online vacation rental marketplace FlipKey, Breezeway aims to help thousands of rental hosts and hospitality managers in more than 65 countries to automate operations, drive quality, and elevate the experience at every property. Breezeway’s software and mobile apps have facilitated more than 18 million property service tasks to date, helping operators deliver over 55 million nights booked at homes prepared to their specific standards.
The company’s platform is focused on enabling hosts and managers to deliver high-quality guest experiences. The company will use this new funding to continue to invest in both its operations management tools and its guest experience platform.
Gall said: “It’s challenging to deliver the type of detailed property preparation and service that guests have come to expect. Hospitality managers and hosts are inundated with operational tasks, from scheduling work, coordinating services over multiple locations and unique properties, to monitoring guest needs, tracking preventative maintenance and compliance with hospitality standards.
“With the support of Catalyst, we will continue to invest in our platform to make it easier for hosts and managers to solve these operational complexities and exceed guest expectations,” he added.
Grady Kidder of Catalyst Investors, who will be joining Breezeway’s board of directors, said: “With an increasing focus on quality, the hospitality manager who emphasises service and the experience at the property will gain a competitive advantage. Breezeway is the market leader in property care software, and we look forward to working with Jeremy and his team to continue to expand their reach both internationally and to other hospitality verticals.”
The latest capital injection takes Breezeway’s total investment to date to $30 million across six funding rounds.