AUSTIN, Texas (PRWEB) June 26, 2018
Optii Solutions, whose innovative housekeeping optimization platform helps hotels achieve efficiencies and cost savings while transforming the role of the housekeeper on property, announced today an approximate $4 million new round of funding led by Thayer Ventures, Kinetic Ventures and NextGen Venture Partners. HOF Capital and Select Venture Partners, which are existing investors, also participated in the round.
Optii Solutions plans to use the new capital to further expand its U.S. operations, expand sales and marketing activities, build out the company’s product portfolio, and expand customer support functions. Optii Solutions has grown rapidly over the past several years, finding success in hotels worldwide with its improved approach to optimizing housekeeping functions. The Optii platform is currently in place at more than 24,000 hotel rooms globally, with significant room for growth in the dense U.S. hotel market.
“We’re thrilled to partner with Optii Solutions at a pivotal time for the hospitality industry, particularly as they enhance their offerings with technology solutions,” said Jeff Jackson, Managing Director of Thayer Ventures. “Nothing is more on the mind of owners and brands than the future of the industry’s labor force, including housekeeping. Optii Solutions is revolutionizing how hotels manage their housekeeping operations, achieving efficiencies in operations and transforming the role of the housekeeper at the same time. We’re looking forward to further enhancing the company’s growth with financial, operational and business development support.”
Integrating seamlessly with hotels’ operational software programs, Optii Solutions enables hotels to optimize their housekeeping management, achieving measurable improvements while significantly reducing operational costs. Using a patented optimization engine, Optii is able to accurately create real-time workforce deployment schedules capable of reducing direct labor costs by eight to 18%.
“Optii Solutions provides intelligent housekeeping management technology that helps hotels around the world increase productivity, decrease labor costs and improve guest experiences,” says Ray Pawlikowski, Chief Executive Officer of Optii Solutions. “We’re eager to begin helping even more hotels across the nation revolutionize their housekeeping operations with this new round of funding and support from our partners.”
About Optii Solutions
Optii Solutions provides cloud-based software for hotels focused exclusively on automating and optimizing hospitality housekeeping and maintenance functions for realized efficiency. Optii Solutions increases staff productivity by 10-20%, reduces staff turnover by 40%, and produces a 80% reduction in queues. Clients include some of the largest hospitality brands, including Las Vegas Sands, Galaxy Entertainment Group, Intercontinental Hotel Group, and Sodexo. Headquartered in Austin, TX, USA, Optii Solutions has offices in Australia, Hong Kong and Europe. Learn more at http://www.optiisolutions.com.
About Thayer Ventures
Based in San Francisco, Thayer Ventures (Thayer) invests in early-stage technology companies that focus on the travel, hospitality and transportation industries. Thayer’s objective is to provide portfolio companies with unequaled counsel, strategic insights and industry connections that drive significant revenue and enable sustainable growth.
About Kinetic Ventures
Kinetic Ventures is a leading venture capital investor in high growth, industry defining companies. For over three decades, they have partnered with outstanding entrepreneurs to build world-class enterprises.
About NextGen Venture Partners
NextGen Venture Partners is an early stage venture capital firm, featuring the most extensive, connected network of venture partners in the industry. NextGen powers founders through a wide network of founders and innovation executives, which brings unprecedented depth and breadth of expertise and connections.