Los
Angeles-based hospitality technology startup Jurny has raised $9.5 million in a
round led by Mucker Capital, bringing its total raised to date to $12.45 million.
Founded
in June 2020, Jurny provides SaaS and hardware solutions for independent hotels
and vacation and short-term rental properties.
The
company says it will use some of the funds to accelerate global expansion of Jurny
Virtual, which connects channel management , point-of-sale, room
management, facility management, marketing and smart-home solutions
in one simple dashboard.
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Jurny Virtual also offers
a virtual concierge, access control, guest screening, review management, accounting
and 24/7 inquiry support.
“Our
mission is to help small- to medium-sized operators and hotel owners access a
premium ecosystem that offers the benefit of economies of scale, not yet
available to even some of the world’s largest hotel chains,” says Luca
Zambello, co-founder and CEO at Jurny.
“Jurny Virtual is revolutionizing the industry by providing a premier service at a
much lower cost, including time, without requiring an upfront investment.”
In the past year,
Jurny says it has more than doubled the number of units using its platform,
with 635 unites in eight cities including London, Tel Aviv and San Miguel de
Allende.
“Operators
using Jurny’s best-in-class tech are seeing, on average, a 20% increase in
revenue, 50% decrease in overhead costs and 2x net operating income (NOI)
within the first 30 days of implementation,” says Erik Rannala, co-founder and
managing partner at Mucker Capital.
“These
numbers are unmatched in the industry and illustrate that Jurny and its
customers are positioned to dominate the global hotel, short-term and vacation
rental management market.”