TLDR:
- Besty AI has secured $1.5 million in seed funding to accelerate its expansion strategy.
- The startup has grown from 0 to 250 paying customers since its beta launch in October last year.
Besty AI, an AI messaging solution for short-term rentals and hotels, recently announced that it has raised $1.5 million in a seed funding round to further its expansion strategy. The round was led by Bungalow Capital and Ridge Ventures, with Alchemist Accelerator CEO Ravi Belani also participating. Since its beta launch in October of the previous year, Besty AI has seen tremendous growth, going from 0 to 250 paying customers. The startup boasts an average monthly revenue growth of 36% since its inception and has its autopilot AI messaging and upselling features active on over 15,000 properties across 25+ countries.
Recognizing early signs of product-market fit, Besty AI decided to partner with top venture capitalists who share their vision of AI’s transformative impact on hospitality property management. With the new capital infusion, the startup plans to expand its engineering team to execute an ambitious product roadmap aimed at simplifying hospitality property management. The goal is to establish itself as a leading player in the industry by leveraging large language models to enhance guest satisfaction and revenue maximization.
Co-founder of Besty AI, Sam Dundas, sees AI assistants as the next essential tool for operators in the hospitality industry. The company has already worked with over 200 operators worldwide, automating their short-term rental operations with AI. Besty AI’s software partners include well-known names such as Guesty, Hostaway, OwnerRez, and Hostfully. Dundas previously participated in a ‘Pitch to Paul’ webinar, showcasing the potential of AI in hospitality property management.
With the recent funding round, Besty AI is poised to continue its growth and innovation in the AI messaging and upselling space, driving towards its goal of revolutionizing property management for short-term rentals and hotels.
