HotelPORT secures $1.5m financing
HotelPORT has secured $1.5 million funding through Hum Capital’s Intelligent Marketplace to accelerate expansion.
The non-dilutive facility will help fuel expansion across enterprise hotel brands, and enhance its platform automation.
It will also drive its growing suite of AI-powered content and digital guest engagement solutions.
Founded by hospitality veteran Fred Bean, HotelPORT offers data verification, distribution, and guest engagement tools trusted by hotel brands, management companies, and ownership groups worldwide.
The company approached Hum Capital seeking growth financing to scale operations without compromising cash flow or equity.
“Hum’s model aligned perfectly with our business,” said Fred Bean, Founder & CEO of HotelPORT. (pictured) “We needed a financing partner that understood the rhythm of recurring SaaS revenue and the importance of timing capital deployment around client expansion cycles.”
“We’re executing on a vision to make verified content and AI-driven guest engagement the new standard.”
Growth areas funded by this facility include strategic growth initiatives, operational expansion and continued platform development
By aligning repayment with revenue generation, HotelPORT can accelerate execution on strengthening its leadership in verified hotel content and AI-driven digital guest engagement.
HotelPORT helps hotels, restaurants, and spas ensure consistency, and visibility across digital channels, spanning GDS and OTA optimization and AI-powered content verification.
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