- Abode: Hospitality tech startups raised over $1B across 40 companies.
- PMS and AI platforms drew the largest share of investment.
- The U.S. led with 17 of the funded companies.
HOSPITALITY TECH STARTUPS raised more than $1 billion across 40 companies between April 2025 and March 2026, according to Abode Worldwide. Property management systems and AI-led platforms attracted the largest share of investment.
Abode’s “Hospitality Tech Investment Index 2026” report points to investor confidence centered on hospitality operators’ systems, particularly platforms that centralize operations, automate processes and provide data foundations for AI.
“Crossing the $1 billion mark matters, but the real story is where the money is going,” said Jessica Gillingham, Abode's founder and CEO. “Investors are concentrating capital in platforms hospitality businesses depend on every day, especially [property management systems] and AI-led systems that unify operations, improve automation and strengthen the data layer. The companies attracting the strongest backing share a common trait: they sit close to essential workflows and become more valuable over time. Unified systems generate more data, better automation and higher switching costs. This compounding dynamic is proving more appealing to investors.”
According to the report, that shift was most visible in a 90-day period between December 2025 and February 2026, when the sector’s three largest raises occurred back-to-back: Mews with $300 million, Kindred with $125 million across two simultaneous rounds and Limehome with $88.1 million.
PMS leads funding
Seven PMS companies raised $408.1 million, more than any other category in the report, including Amenitiz, Arbio and Boom.
That matters because PMS is becoming the control layer of the hospitality tech stack. As operators simplify fragmented systems, PMS is taking on more responsibility, connecting teams, revenue, guest journeys and data in one place.
The report found that the best-funded PMS companies are using this position to build platforms through product development and acquisition rather than third-party integrations. Mews’ acquisitions of Flexkeeping and DataChat in late 2025 are examples.
AI platforms gain traction
AI-led guest platforms raised $152.6 million across Duve, Chatlyn, Conduit and Canary Technologies. These platforms target the need to deliver fast, personalized service with leaner teams, using AI for guest messaging, digital check-in, upsells and feedback.
Tech-enabled operators also raised $151.9 million across Limehome, Kasa and HolaCamp. The funding suggests investors are focusing on businesses where tech reshapes how hospitality is delivered.
The report also showed a market still being built. Of the 40 companies tracked, 19 rounds were pre-seed, seed, or Series A, compared with four at Series C or D. More than half of funded companies were founded after 2020 and 2023 accounts for 10 companies, the largest cohort.
By headquarters, the U.S. led with 17 of the 40 funded companies. Europe led on round size, with the largest raise going to Netherlands-based Mews, while Germany produced four funded companies—Limehome, Holidu, Arbio and Happyhotel—and Spain added Amenitiz and HolaCamp. Significant rounds also came from Saudi Arabia’s Gathern, Israel’s Duve and Singapore-based ZUZU Hospitality.
A report by Canary Technologies found that hotels are moving from exploring AI to implementing it, with hoteliers expecting a major impact. They are investing in AI to drive revenue, improve operations and enhance guest experiences.
