In April 2017, VentureFounders successfully supported LUXIA in its £786k equity raise, alongside new and existing angel investors. Tom Singer, former global CFO of IHG, has invested in the round and joins the board as NED.
LUXIA is a ground breaking travel media business which connects global brands to hotel (and airport) guests via mobile, computer and TV, using their innovative proprietary technology.
The company offers brands and hotels a unique layer of insight and first-party data, and has grown its global network to 15k hotels, 2.3m rooms and 1.8bn guest connections per annum. The company's global hotel partners currently include Accor, Hilton Worldwide, Kempinski, Millennium, Rocco Forte and Starwood.
The money raised is being used to drive direct sales as well as the development and deployment of its new SaaS platform.