[Funding alert] Utrecht-based Runnr.ai Secures €1 Million in Funding
Jan 17, 2024 | By Startup Rise EU
Utrecht-based Runnr.ai secures €1 million in funding. Leading this round was Arches Capital, with participation from angel investors Hans Pieters, Marnix van der Ploeg (formerly of Booking.com), Roland Zeller (previously of GetYourGuide), and Golden Egg Check.
The technology business, which made it to the final ten of the 2023 FutureTravel Summit Pitch Competition, created software that enables hotels to automate guest communications. This leads to more guest engagement, time savings for operations, and extra revenue from upselling.
Read also - Pet-Wellness Company Jampy Secures €1 Million in Pre-Seed Funding
As the pioneer in the hotel sector, Runnr.ai claims to have fully replaced standard "legacy" chatbot technology with generative AI, guaranteeing the best possible quality in discussions.
RECOMMENDED FOR YOU
[Funding alert] Cologne-based AuditOne Secures €800K in Seed Funding
Startup Rise EU
Jan 8, 2024
[Funding alert] Paris-based Fintech Startup Fipto Raises €15 million in Seed Funding
Startup Rise EU
Sep 25, 2023
Dassault Systèmes partnership news – Paris-based Dassault Systèmes Announce long-term partnership with Bel Group
Startup Rise EU
Jul 4, 2024
By 2024, the funds will be used for product development as well as extending the company's operations from the Netherlands to the UK, Germany, and the entire Benelux region.
Read also - Barcelona-based Delfos Secures €6.3 Million in Seed Funding
The whole of Europe will be added to this expansion starting in 2025, and then the other continents. The objective of Runnr.ai is to take over the global market for automated customer care in the hospitality industry.
Michiel de Vor, CEO of Runnr.ai said, “Our technology creates a unique combination of service, efficiency, and commerce. Something that’s needed more than ever in the hospitality industry due to the staff shortages and the rise of generative AI,”
A significant obstacle to meeting the rising expectations of hotel guests in terms of quality, speed, and personalisation is the persistent staff shortage that affects 97% of hotels. The hotel sector is lagging behind other businesses in the adoption of smart technology to increase productivity.
Read also - German Wastewater Recycling Company Membion Secures €5 Million in Funding
Frank Appeldoorn, Managing Partner of Arches Capital, said: “The best evidence for us is customer feedback. It was clear that they deliver value on every front with a compelling ROI for hotels, reducing staff workload and most importantly improving the guest experience. Michiel, Maarten and Steven understand the hotel needs and wishes as the best, are data-driven and full of ambition. We look forward to supporting them in their growth.”
About Runnr.ai
Runnr.ai was founded in November 2022. Runnr.ai has answered more than 60,000 distinct inquiries from visitors each month, generating more than 100 hotels through its customer interaction platform. proactive WhatsApp guest messaging. RUNNR.ai uses integrations and artificial intelligence to automate your first-line assistance.
Read also - Berlin-based Everphone Raises €270Million in Series D Round Funding
Recommended Stories for You
Preqin partnership news – London-based Preqin Partnership with Measurabl
Startup Rise EU Jun 17, 2024
Jobseeking Platform Pollen Careers Secures £112,000 in Pre-Seed Funding – FUNDING NEWS
Startup Rise EU May 2, 2024
Synthflow AI funding news – AI Voice Tech Startup Synthflow AI Secures $7.4Million in Seed Funding
Startup Rise EU Jun 27, 2024
[Funding alert] Vienna-based JENTIS Secures €11 Million in Series A Round Funding
Startup Rise EU Nov 28, 2023
[Funding alert] German-based Solaris SE Secures €96 Million in Series F Round Funding
Startup Rise EU Mar 20, 2024
[Funding alert] Berlin-based Startup GlassFlow Secures $1.1M in Pre-Seed Funding
Startup Rise EU Nov 3, 2023