StayNTouch, Inc.
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StayNTouch, Inc. - overview
Established
2012
Location
Bethesda, MD, US
Primary Industry
Software
About
StayNTouch, Inc. is a US-based technology company specializing in cloud-native property management solutions aimed at improving operational efficiency and guest experiences in the hospitality industry. StayNTouch, Inc. provides hotel management software that enhances guest and staff interactions.
Founded in 2012 in Bethesda, US, the company has successfully completed six investment deals. The most recent funding round occurred on December 12, 2023, when Sixth Street Growth led a USD 48. 00 mn Growth round. Jacob Messina serves as CEO, guiding the company through its strategic growth initiatives.
StayNTouch offers a comprehensive hotel management platform centered on its cloud-native Property Management System (PMS). Key products include StayNTouch PMS, UpsellPRO, StayNTouch Pay, StayNTouch Booking, a Channel Manager, and StayNTouch Kiosk. Their solutions are designed for independent hotels, boutique properties, and management companies, enabling streamlined operations and personalized guest services, enhancing revenue through their upsell capabilities and integrated technology. StayNTouch operates on a subscription-based revenue model, where clients pay for access to its range of products, including the StayNTouch PMS.
Clients typically engage in annual contracts, which may vary in pricing tiers based on the number of properties and required features. Their transactions are primarily B2B, focused on hotel operators and management groups, facilitating efficient operations and improved guest experiences through their technology. Additionally, StayNTouch Pay provides payment processing services that simplify transaction management for clients. In December 2023, StayNTouch announced a USD 48.
00 mn funding round led by Sixth Street Growth, with plans to enhance their PMS software and payment offerings. The funding will also support expansion into new markets, aiming to reach a broader customer base. This strategic investment underscores their commitment to bolstering software capabilities and extending their market presence.
Current Investors
Sixth Street, Forum Ventures, Concur Perfect Trip Fund
Primary Industry
Software
Sub Industries
Hotels & Accommodations, Systems Management Software
Website
www.stayntouch.com
Verticals
Cloud Computing
Total Amount Raised
Subscriber access only
StayNTouch, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | StayNTouch, Inc. | - | ||||||||
| Trade Sale | Completed | StayNTouch, Inc. | - |
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