Hotel operations technology company Spectaflow has raised €1.7 million in post-seed funding.
The investment in Iceland-based Spectaflow was led by Frumtak Ventures with existing investors also involved.
The company, which was founded in 2019, has raised a total of €2.5 million, including this latest funding.
Petur Orri Saemundsen, co-founder and CEO of Spectaflow, says: “Spectaflow focuses on solving the complexities of managing deskless workforces in hotel and vacation rental operations, some of the most challenging and time-consuming aspects of hospitality management.
"Through smart integrations with existing systems and leveraging our AI for predictive planning, Spectaflow mitigates staffing challenges, interdepartmental miscommunications and improves cleaning and maintenance workflows for significantly improved guest services and experiences.”
Spectaflow’s SaaS technology integrates with a hotel’s property management and booking systems to show staff which rooms to clean as well as highlight maintenance issues.
The company also using artificial intelligence to help hotels with staff planning recommendations in advance.
Svana Gunnarsdottir, managing director of Frumtak Ventures, says: ”Frumtak invests in companies that create compelling solutions to modernise critical business operations across a variety of global industries and Spectaflow is no exception.”