SevenRooms raises $50M to expand its hotel guest experience platform

Hospitality guest experience platform SevenRooms has raised a $50 million Series B round that will help fund its global expansion and product development.

Providence Strategic Growth (PSG) led the round. 

SevenRooms’ product suite includes reservation, waitlist and table management, online ordering, contactless order and payment, reputation management and marketing automation – all focused on helping hoteliers drive direct bookings and create lasting relationships with guests.

“PSG has deep experience partnering with management teams to scale vertical SaaS-based platforms to create global category leaders,” says Joel Montaniel, SevenRooms co-founder and CEO.

“With our latest fund raise, we have positioned SevenRooms with the right resources and partner to empower operators worldwide to do more with less, increasing loyalty, revenue and profitability while helping operators make their guests feel at home.

"We’re excited to continue innovating as the only 360-degree guest experience platform available on the market today that addresses every aspect of the guest journey, powered by a purpose-built CRM, robust operational tools and an automated marketing engine."

New York-based SevenRooms’ customers include Mandarin Oriental Hotel Group, MGM Resorts International, Jumeirah Group and more.

“SevenRooms is a category-defining company that provides a vital solution to hospitality operators worldwide,” says Adam Marcus, managing director at PSG.

“Joel and the talented SevenRooms management team have built the only vertically integrated solution in the hospitality industry, which has enabled them to scale into a global powerhouse. SevenRooms is uniquely positioned, and we are excited to partner with the team to support their next phase of growth.”