Lighthouse’s $370 Million Haul: Venture Capital Is Moving Into Hospitality Tech
Skift Take
Our data showed a 30% annual increase in venture capital funding into travel companies focused on AI in 2023.
Hospitality tech company Lighthouse announced Thursday that it had raised $370 million in series C funding, the latest sign of investor demand in this fast-growing space.
It’s one of the largest fundraises ever for a hospitality tech company. It’s been a big year for funding in that sector, with Flyr having raised a total package of $300 million in August.
London-based Lighthouse (formerly OTA Insight) helps hotels and short-term rentals analyze their market demand, rates, and positioning. The company last raised $80 million in 2021.
Venture Capital in TravelAs we wrote in a recent Skift Research report, Venture Investment Trends in Travel 2024, we are increasingly seeing more investment into
