Davinci Travel System, a startup specializing in group bookings at hotels, has announced funding of €2.1 million.
Reflex Capital led the funding for the Czech Republic-based business, with existing investors Seedcamp and J&T Ventures also participating.
The company launched its platform in 2017 and is now developing its product further with conference reservations and meal options.
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It is the first disclosed investment round for the company, which also has an office in the United Kingdom.
Brands amongst the 10,000 hotels using the service include Hilton, Ibis, Leonardo, Best Western, NH Hotels and Holiday Inn.
Alex Ilyash, founder and CEO, says: “Our goal is to digitize all the steps in a simple online platform and to educate conservative travel companies to use modern solutions.
"By automating the group booking process, we minimize inefficiencies and save time and money while increasing hotels' occupancy rates.”
The company now plans to focus on international expansion to Asia as well as getting more tour operators on board.
It currently has hotels in more than 900 cities around the world.