Hospitality tech (2025)

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Last updated: 27 Jan 2025

Market 101

Has Europe found a tech winner? While US firms usually overshadow its rivals, Europe’s latest success stories are centred around tourism, something the region has in abundance.

Hospitality-focused startups are receiving five-star, well, hospitality from VCs: last year we recorded scores of big raises for B2B software firms aimed at improving the running of hotels and restaurants.

Two of these deals minted $1bn+ unicorn companies, heralding a new era for hospitality tech. The first was Amsterdam-based hotel software maker Mews, which raised €101m in March (the CEO shares his view on the future of hospitality below). Later in 2024, London-based Lighthouse, an analytics provider for hotels, entered the unicorn pen. It offers users data like how many people are booking rooms, when they’re booking and what they’re willing to pay. Lighthouse raised a $370m Series C in November.

Why the sudden love for hospitality? The post-Covid travel rebound is the main reason. Over the past few years, hotels and other hospitality specialists have recorded double digit sales growth due to travelers’ excess savings and pent-up demand. European tourism is outperforming other parts of the world (hosting the Olympics also ensured a travel bonanza).

Travelers won’t have failed to notice the glut of new innovations on their journeys. App check-ins. QR code menus. Chatbot concierges. There’s even technology to detect the most unwanted hotel guests — bed bugs (Finnish startup Valpas raised €4m last year for tech to root out these itchy intruders).

AI, inevitably, is checking in too: the tech is personalising the travel experience — it is now common practice to ask ChatGPT for an itinerary — and helping hotels anticipate guest needs, reduce their “friction” points and free up hotel staff.

Europe market map

Deals tracked by Sifted (since 2024)

Key facts

Benchmarks and investors tracked by Sifted

Sifted take

When the pandemic lockdowns began, it felt like it would be years before tourism would rebound. The prediction proved pessimistic. As restrictions eased, people voted with their feet. Tourism is rife and Europe’s hospitality startups seized the opportunity to capitalise on the industry boom.

Early-stage rising stars

The most promising early-stage startups — from pre-seed to Series A — handpicked by Sifted.

Total funding

€44.3m

Dublin, Ireland
2017

Nuitée offers infrastructure APIs to hotels and travel businesses, enabling developers to seamlessly embed hotel booking features. In December 2024, it announced a $48m Series A led by Accel; until then, it had been boostrapped. Nuitée has offices in Ireland, Spain, London, Morocco and the US, and is currently profitable.

Round

Series A

Valuation

Undisclosed


Date

2024

Size

€44.3m

Total funding

€5.5m

Amsterdam, Netherlands
2020

Katanox, a platform that unifies direct distribution and financial infrastructure for the hospitality industry, has consistently grown its employees count since its launch.

Round

Early VC

Valuation

Undisclosed


Date

2022

Size

€5.2m

Total funding

€20m

Amsterdam, Netherlands
2021

Tebi was cofounded by Arnout Schuijff, former cofounder and CTO of Dutch fintech giant Adyen, and aims to simplify finance for restaurants, bars and cafes via a streamlined PoS and operations platform. Tebi distinguishes itself from competitors like Zettle, SumUp and Dojo by offering free services to businesses below a certain revenue threshold. It raised a €20m Series A led by Index Ventures in October.

Round

Series A

Valuation

Undisclosed


Date

2024

Size

€20m

Total funding

€4.9m

Prague, Czech Republic
2020

This B2B SaaS platform offers online tools for restaurant businesses including QR payments and a CRM system. It is founded by serial entrepreneur Alex Ilyash, who has founded and exited other hospitality & travel tech startups.

Round

Seed

Valuation

Undisclosed


Date

2024

Size

€2.3m

Ones to watch

AirGateway

Berlin, Germany
2016
Early

1.6m

1m

-

allO

Munich, Germany
2020
Early

6.2m

4.6m

-

Altovita

London, United Kingdom
2016
Early

9m

8.6m

-

Amenitiz

Barcelona, Spain
2017
Early

34.3m

27m

-

Apaleo

Munich, Germany
2017
Growth

30.5m

20m

-

Axino

Switzerland
2016
Early

1.5m

1.5m

-

Byway

London, United Kingdom
2020
Early

7.7m

5.9m

-

Choco

Berlin, Germany
2018
Late

307.7m

25m

-

Choice

Prague, Czech Republic
2020
Early

4.6m

2.3m

-

Cluby

Helsinki, Finland
2018
Early

2.9m

2.9m

-

Combo

Paris, France
2016
Early

46.3m

40.9m

-

CoverManager

Seville, Spain
2014
Early

52m

17m

-

CupLOOP

Tallinn, Estonia
2018
Early

2.7m

2m

-

Deliverect

Ghent, Belgium
2018
Late

215.4m

136.4m

-

Flipdish

Dublin, Ireland
2015
Late

134.8m

87.3m

-

FoodFlow

Paris, France
2023
Early

2m

2m

-

Foodforecast

Cologne, Germany
2018
Early

4m

3m

-

Foodsi

Warsaw, Poland
2019
Early

2.8m

1.2m

-

Growth Kitchen

London, United Kingdom
2020
Early

3.6m

3.6m

-

Honei

Barcelona, Spain
2022
Early

2.1m

1.4m

-

Hotelmanager

London, United Kingdom
2018
Early

3.7m

2.5m

-

Hotelverse

Palma, Spain
2020
Early

8.2m

5m

-

Hyble

Edinburgh, United Kingdom
2001
Growth

3.3m

3.3m

-

Inpulse

France
2018
Early

7m

7m

-

Kanpla

Aarhus, Denmark
2019
Early

8m

8m

-

Katanox

Amsterdam, Netherlands
2020
Early

5.5m

5.2m

-

Kikleo

Paris, France
2019
Early

1.5m

1.5m

-

Klearly

Amsterdam, Netherlands
2022
Early

8.1m

6m

-

Landfolk

Aarhus, Denmark
2021
Early

15.6m

10.3m

-

Last.app

Barcelona, Spain
2019
Early

7.2m

5m

-

Lighthouse

London, United Kingdom
2012
Growth

447.9m

370m

-

Lodgify

Barcelona, Spain
2012
Growth

31.8m

18m

-

Luniwave

Paris, France
2021
Early

1m

1m

-

Malou

Roubaix, France
2017
Early

11.2m

10m

-

Mews

Amsterdam, Netherlands
2012
Late

421.3m

90m

-

Miam

Lille, France
2019
Early

1.5m

1.5m

-

My Emissions

London, United Kingdom
2020
Early

2.3m

1.5m

-

NarPOS

Istanbul, Turkey
2012
Early

1.8m

1.8m

-

NeoTaste

Osnabrück, Germany
2019
Early

20.5m

15.1m

-

Nory

Dublin, Ireland
2020
Early

23.8m

14.8m

-

Nuitée

Dublin, Ireland
2017
Early

44.3m

44.3m

-

Orquest

Madrid, Spain
2016
Early

1.4m

1.4m

-

Package Kitchen

Istanbul, Turkey
2019
Early

9.7m

2.5m

-

Piney

Nicosia Municipality, Cyprus
2022
Early

1.2m

1.2m

-

Plateful

Oslo, Norway
2017
Early

2.8m

2.8m

-

Prevego

Tallinn, Estonia
2023
Early

1m

1m

-

Qromo

Milan, Italy
2020
Early

1m

1m

-

Red Engine

London, United Kingdom
2013
Growth

72m

72m

-

Restworld

Turin, Estonia
2020
Early

1.8m

1m

-

ScanTrust

Lausanne, Switzerland
2014
Growth

11.9m

2.4m

-

Skello

Paris, France
2016
Growth

46.4m

40m

-

Slerp

London, United Kingdom
2019
Early

9.8m

6m

-

Smartpricing

Riva del Garda, Italy
2020
Early

11m

11m

-

Smartway

Saint-Herblain, France
2012
Late

10m

10m

-

Squake

Berlin, Germany
2021
Early

3.5m

3.5m

-

Superb

Copenhagen, Denmark
2017
Early

14.7m

12m

-

Tablevibe.co

Amsterdam, Netherlands
2019
Early

1.5m

1.4m

-

Tebi

Amsterdam, Netherlands
2021
Early

20m

20m

-

Tenzo

London, United Kingdom
2016
Early

7.7m

4.5m

-

The Treep

Boulogne-Billancourt, France
2016
Early

1.6m

1.6m

-

Turnit

Tartu, Estonia
2015
Growth

1.5m

3.6m

-

UnifyOrdering

Dublin, Ireland
2016
Early

1.1m

1.1m

-

UserGuest

Amsterdam, Netherlands
2018
Early

3.3m

2.2m

-

Vita Mojo

London, United Kingdom
2015
Early

31m

27.3m

-

Yayem

London, United Kingdom
2021
Early

4.5m

1.8m

-

Yumminn App

Barcelona, Spain
2021
Early

2.2m

1.4m

-

ZenChef

Paris, France
2010
Growth

59.6m

50m

-

Europe’s scaleups

Who early stage startups are up against

(Pre-)Seed

SeriesA

SeriesB

SeriesC

SeriesD+

IPO/Exit

Lighthouse provides a user-friendly revenue, distribution and marketing management tech stack to hotel partners and it was one of the last minted unicorns of 2024 with a huge Series C round from KKR.

(Pre-)Seed

SeriesA

SeriesB

SeriesC

SeriesD+

IPO/Exit

As mentioned above in the “View from the ecosystem” section, Mews was started by ex-hotelier Richard Valtr in 2012 and it’s the second hospitality unicorn of 2024 together with Lighthouse.

Sources

Data sources

Sifted Proprietary data

Research reports

Hospitality, events & travel March 2024 | Sifted

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