LONDON, 13 April 2026 — Hospitality technology startups raised more than $1 billion across 40 companies between April 2025 and March 2026, with property management systems (PMS) and AI-led platforms attracting the largest share of investment, according to the “Abode Worldwide’s Hospitality Tech Investment Index 2026.”
These findings point to a market where investor confidence is centred on the core systems hospitality operators use to run their businesses, especially platforms that centralise operations, improve automation, and generate the data foundations needed for AI.
That shift was most visible in a 90-day burst between December 2025 and February 2026, when the sector’s three biggest raises landed almost back-to-back: Mews ($300 million), Kindred ($125 million across two simultaneous rounds) and Limehome (€75 million). A PMS, a home-swapping platform and a tech-enabled apartment operator may sit in different corners of the market, however, their timing suggests investors are backing hospitality tech as a category, not just a handful of isolated subsegments.
PMS was the clear funding leader. Seven PMS companies raised a combined $408.1 million, more than any other category in the report. The list spans both established and newer challengers, including Amenitiz, Arbio and Boom.
That matters because PMS is increasingly becoming the control layer of the hospitality tech stack. As hotel and lodging operators push to simplify fragmented systems, the PMS is taking on more responsibility – connecting teams, revenue, guest journeys and data in one place.
The report also finds that the best-funded PMS businesses are using this position to build broader platforms through product development and acquisition, rather than relying on third-party integrations. Mews’ acquisitions of Flexkeeping and DataChat in late 2025 are one example of this strategy.
AI-led guest experience platforms were another standout category, with Duve, Chatlyn, Conduit and Canary Technologies raising a combined $152.6 million. These platforms are targeting one of the industry’s biggest pressures: the need to deliver fast, personalised service with leaner teams. From guest messaging and digital check-in to upsells and feedback, AI is being deployed as an integral part of the operational infrastructure.
The same pattern is visible in the rise of tech-enabled operators, with Limehome, Kasa and HolaCamp raising a combined $151.9 million. Together, the funding picture suggests investors are increasingly interested in businesses where tech is not just supporting operations, but actively reshaping how hospitality is delivered.
The report also shows a market that is still being built. Of the 40 companies tracked, 19 rounds were raised at pre-seed, seed or Series A, compared with just four at Series C or D. More than half of funded companies were founded after 2020, and 2023 alone accounts for ten companies — the largest founding cohort in the data.
By headquarters, the United States led by volume, with 17 of the 40 funded companies based there. But Europe punched above its weight on round size. The biggest raise of all went 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.
Jessica Gillingham, CEO and Founder of Abode Worldwide, said: “Crossing the $1 billion mark matters, but the real story is where the money is going. Investors are concentrating capital in the platforms that hospitality businesses increasingly depend on every day, especially PMS and AI-led systems that unify operations, improve automation and strengthen the data layer underneath the business. The companies attracting the strongest investor backing share a common trait. They sit close to essential operator workflows and become more valuable over time. Unified systems generate more data, better automation and higher switching costs. This is a compounding dynamic that is proving more appealing to investors.”
Download the full report here.
Hotel Speak
2026-04-13 18:32:00