Tech Company Financing Transactions
StayNTouch Funding Round
StayNTouch, based in Bethesda, secured $48 million from Sixth Street Growth.
Transaction Overview
Company Name
Announced On
12/12/2023
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Undisclosed
Investors
Sixth Street Growth (Lead Investor)
Proceeds Purpose
Stayntouch will use the additional capital to expand its PMS software and payments offerings, accelerate customer acquisition, and continue to deliver superior customer service to independent hotels, management companies, and hotel chains globally. Since inception, over $200 million has been invested in the growth of Stayntouch and the development of its cloud-based software products.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
8120 Woodmont Ave. 500
Bethesda, MD 20814
USA
Bethesda, MD 20814
USA
Phone
Website
Email Address
Overview
At StayNTouch, we are committed to building smart, intuitive guest relationships and engaging in hotel management tools to empower your business, engage your customers and increase your bottom line.
Management Team
Title
Name
Email & Social
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