Lighthouse funding news – London-based Lighthouse has Raised $370 Million in Series C Round Funding

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This investment will help Lighthouse enhance its products, expand globally, and pursue strategic acquisitions, supporting its mission to transform the $15 billion travel and hospitality tech market.

Lighthouse Offering

It offers simple tools for revenue managers, business leaders, and accommodation owners to boost bookings, improve operations, and provide better guest experiences.

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It uses advanced technology to process over 400 terabytes of travel and market data daily, powered by AI to provide real-time insights that help customers make smarter, more efficient decisions.

With over 700 employees globally and an impressive NPS score of 70+, Lighthouse has become the top commercial intelligence platform in the hospitality industry.

Sean Fitzpatrick, CEO of Lighthouse said, “We're extremely grateful to the 70,000+ hospitality providers, who have placed their trust in Lighthouse, I couldn’t be more energized by what we’re working towards. We’re just getting started in making hospitality data and tools more powerful, accessible, and affordable. This investment by KKR significantly accelerates our ability to enhance our commercial platform through expanded AI capabilities and additional data sets, enabling us to better serve our existing customers while continuing to expand across the hospitality market.”

KKR has a strong history of supporting tech-driven growth companies, investing about $23 billion since 2010 through its private equity and growth equity funds. The firm has a global team of nearly 70 experts with deep knowledge in tech growth.

It will benefit from KKR’s industry expertise, local resources, and global network to improve its services and expand into new markets worldwide.

Stephen Shanley, Partner and Head of Tech Growth in Europe at KKR said, “Lighthouse has demonstrated an exceptional ability to support hoteliers of all sizes – ranging from global chains to independent properties – by addressing the unique needs of each segment,” “Their strong track record, customer loyalty, and proven ability to deliver value across varied markets position them as the leading platform in this space. We are proud to support Lighthouse in expanding its global footprint, driving continued innovation, and enhancing its market leading offerings.”

This new funding adds to it’s $80M Series B round from November 2021. Existing investors, including Spectrum Equity, F-Prime Capital, Eight Roads Ventures, and Highgate Technology Ventures, will continue supporting the company.

About Lighthouse

Lighthouse (formerly OTA Insight) is the top commercial platform for the travel and hospitality industry. It helps businesses make better decisions with market insights, business intelligence, and pricing tools to grow revenue. It is always innovating to provide the best platform for hospitality professionals to price better, track performance more easily, and understand the market in new ways.