# Aavgo Hospitality

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aavgo-hospitality

- Industry: Internet
- Headquarters: Santa Clara, US
- Website: www.aavgo.com
- Total disclosed funding: $9.5M
- Latest round: Series A (Jan 19, 2016)
- Investors on record: 3

## About

Aavgo Hospitality offers innovative technology solutions that enhance hotel operations and guest experiences, primarily through their Smart Reception Solution and 360° Platform.Aavgo Hospitality, founded in 2014 by Mrunal Desai and Yogesh Thakkar, is based in Santa Clara, US. The company focuses on hospitality technology, and in January 2016, it raised USD 9.5 mn in a Series A funding round led by Expedia, Inc., with participation from 645 Ventures and Laconia Capital Group. This investment enabled Aavgo to enhance its technology and service offerings.Aavgo specializes in innovative hospitality technology, primarily offering its Smart Reception Solution and 360° Platform, which streamline hotel operations and enhance guest experiences. The core products include a Virtual Front Desk for automated check-in and check-out, a Guest Experience App that enables mobile access to hotel services, and a Staff Operations Platform designed to improve staff productivity and efficiency. These solutions cater to various operational needs, such as facilitating cashless payments, providing real-time guest feedback, and managing staff workflows through in-depth analytics and reporting. Aavgo's technology is designed for hotels and hospitality providers across multiple geographical markets, including North America, Europe, and Asia, aiming to improve service delivery and operational cost-effectiveness within the sector.Aavgo generates revenue primarily through business-to-business transactions with hotels and hospitality organizations that utilize its technology solutions. The revenue model is structured around subscription-based services for its software platforms, including ongoing support and updates for the Smart Reception and Guest Experience applications. Individual hotels and hospitality chains engage Aavgo's services to streamline operations, thereby enhancing their guest service capabilities. While specific pricing plans for Aavgo's offerings are not disclosed, the company provides tailored solutions to meet varying customer needs, ensuring that clients can maximize the value derived from its flagship products in a competitive marketplace.With the recent USD 9.5 mn Series A funding raised in January 2016, Aavgo plans to develop new products aimed at further integrating technology into the hospitality sector. The company is targeting expansion into new markets, particularly in Europe and Asia, within the next 12 to 18 months. The funding will support product development and market entry strategies, enabling Aavgo to enhance its service offerings and operational capabilities in these regions.

## Funding rounds

- Series A, Jan 19, 2016, $9.5M — Expedia, Inc., Laconia Capital Group, 645 Ventures

## Investors

- Expedia, Inc. — Series A
- Laconia Capital Group (https://capitalatlas.ai/funds/laconia-capital-group) — Series A
- 645 Ventures (https://capitalatlas.ai/funds/645-ventures) — Series A