Butler Hospitality, a New York-based hospitality technology company, raised $32M in funding.
The round, which brought total funding north of $50M, was led by Shamrock Holdings, Maywic Select Investments, Platform Ventures, and Mousse Partners.
Led by Premtim Gjonbalic, Founder and CEO, Butler provides an hospitality network with technology designed to foster community and connect travelers with the cities around them to optimize traditional operating models starting with Room Service. As an extension of its platform, the company continues to develop a portfolio of relevant dining concepts. Hospitality partners include Hilton, Hyatt, IHG, Marriott, and more.
The company intends to use the funds to accelerate growth and expand operations. With this investment, Butler will more than double their presence to 12 markets across the US, with plans to service nearly 250,000 rooms. Boston, Dallas, Houston, Los Angeles, Philadelphia and Pittsburgh will soon be able to join the network of hotel and travel services that have proven successful in New York, New Jersey, Chicago, Miami, Denver, San Francisco, and Washington, D.C.
FinSMEs
01/11/2021