Zuzu Hospitality, a hotel technology company, has secured US$5.9 million in a series B extension round with participation from Wavemaker Growth, Vulpes Ventures, Velocity Ventures, and Latin Leap.

The company operates RevMate, an AI-powered revenue management platform that uses data from over 3,000 independent hotels.

The new funding will help scale RevMate’s adoption among independent hotels across Asia.

Zuzu aims to provide independent hotels with technology typically available to larger chains by using proprietary datasets to optimize pricing and automate revenue strategies.

🔗 Source: Zuzu