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Hotel Innovator, Life House, Raises $60M In Funding From Inovia Capital, Kayak, And Tiger Global To Begin Selling Its Software Platform To Hoteliers

Dec 02, 2021•almost 4 years ago

Amount Raised

$60 Million

Description

Life House, the all-in-one hotel operations platform and one of the fastest-growing hotel companies in the U.S., today announced raising $60 million in Series C financing led by new investors KAYAK and Inovia Capital with participation from investors Tiger Global, Derive Ventures, JLL, Trinity Ventures, Sound Ventures, Cooley LLP among others.

Company Information

Company

Life House

About

Life House is a vertically integrated hotel software & operations platform focused on increasing profitability and reliability for independent hoteliers. Life House was founded in 2017 as one of the only vertically integrated asset-light hotel companies backed by institutional venture and private equity investors. The company is ambitiously investing in operational systems to make it far more profitable, predictable, and seamless for owners, while making the guest experience more reliable for travelers. Today the company operates nearly 50 hotels in its portfolio across North America. For more information visit www.life-house.com.

Funding Insights

Based on industry data
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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech