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Thynk Cloud, a hospitality software solutions specialist, raises $13 million.

24 Apr, 2023
Transaction services: 2CFinance conducted financial due diligence of Thynk Cloud.

The solution provider for hotel operations, raises $13 million from Singular, Fly Ventures, Itai Tsiddon and CNP (Groupe Frère).

Founded in 2019 by Pascal Petit, Scheers Nils and Marie-Charlotte Demarty, Thynk Cloud offers software for hoteliers to simplify and automate sales, operations and data management. With an increasingly competitive market, hotel providers need technology to optimize their operations and keep pace.

Thynk Cloud solutions enable hoteliers to efficiently and fully automate the use of high-value data to improve business performance. Using the power of Salesforce CRM, Thynk Cloud provides targeted hospitality modules to generate margin insights in addition to RevPAR.

Thynk Cloud integrates with PMS and POS systems including Oracle, Opera, Mews, StayNTouch, Protel and Lightspeed to ensure their customers have the right data at the right time.

The solution provides a seamless customer experience, while improving customer satisfaction and loyalty. It provides the hospitality industry with a core solution that triggers business agility and performance, streamlining sales, operations and financing processes at both the property and enterprise levels.

Thynk Cloud has implemented its solution with more than 150 hotels from 25 customers in 10 countries over the past two years, primarily in Europe and the Middle East. The software has already convinced several major hotel groups such as Rotana, Barrière, Lamington and Design Hotels.

This round of financing allows Thynk Cloud to develop its solution worldwide.

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