Lighthouse Valuation, Funding & Investors

Mews is a cloud-native property management system for hotels, hostels, and serviced apartments serving over 5,000 properties in 85 countries. It automates reservations, payments, and housekeeping via open APIs with 1,000-plus integrations including Stripe and Google. Amsterdam-headquartered Mews won Best PMS at the 2024 HotelTechAwards. Founded in 2013 by hoteliers, it processes millions in bookings monthly across five continents.

TravelPerk is a Barcelona-headquartered business travel management platform that combines booking for flights, hotels, and car rentals with policy compliance, expense reporting, and 24/7 support. The all-in-one tool serves corporate teams across Europe and beyond, integrating with expense systems for streamlined operations.

Agilysys Inc provides hospitality software delivering cloud-native SaaS and on-premise solutions for hotels, resorts, cruise lines, casinos, corporate foodservice management, restaurants, universities, stadiums, and healthcare facilities. The company’s software solutions include point-of-sale (POS), property management (PMS), inventory and procurement, payments, and related applications that manage and enhance the entire guest journey. It derives maximum revenue from the provision of software subscription and maintenance services, followed by the provision of professional services, and the sale of products (proprietary software licenses, third-party hardware, and operating systems). Agilysys operates across North America, Europe, the Middle East, Asia-Pacific, and India.

HBX Group International PLC is a travel-technology marketplace. The company is engaged in the intermediation of hotel accommodations and complementary travel products between travel suppliers and travel distributors. With the help of its subsidiaries, the Group also assists hotels in optimising their direct online channel, creating booking engines, and supporting digital marketing. The company's maximum revenue is derived from hotel bookings. The company connect between supply and demand, empowering businesses and their travellers, with choice and confidence.

Beijing Shiji Information Technology Co Ltd is an information technology company based in China. It is engaged in the development of software solutions serving mainly hotel, food and beverage, retail, and leisure and entertainment sectors. Shiji provides branded chain stores with complete management solutions and department store solutions which include investment management system, ERP, CRM, visual counter system, mobile POS and cloud platform. In addition, Shiji provides installation, certifications and after-sales service for a variety of hardware including servers, point of sale equipment and printers.

TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.

IBS Software is a Kochi-headquartered developer of SaaS platforms for airlines, airports, hotels, and cargo operators worldwide. The company delivers passenger services systems like iFly Staff for crew management and iFly Res for reservations, alongside revenue management tools and hotel property management software. Serving over 250 customers including Air France-KLM, Qatar Airways, and Hilton, IBS Software maintains a global presence with offices in the US, UK, Middle East, and Asia-Pacific. Founded in 1997, it focuses on cloud-based solutions for schedule optimization and loyalty programs in the travel sector.

Deliverect is a Ghent-headquartered SaaS platform that integrates online ordering channels like Uber Eats, Deliveroo, and DoorDash with restaurant POS systems. The service automates order syncing to kitchen printers, reducing manual entry errors by 90 percent. Founded in 2018, Deliverect serves 20,000 locations in 30 countries including Europe, Middle East, and Australia, with offices in London and Sydney.

EverCommerce Inc provides tailored Software-as-a-Service solutions for service-based small- and medium-sized businesses (SMBs) in-home services, health services, and fitness & wellness. With a platform serving approximately 708,000 customers across three core verticals, including numerous micro-verticals, their solutions address diverse needs within these sectors. Revenue is mostly generated from the United States. Operating in a single segment, their vertically-tailored SaaS offerings cater to SMBs' specialized demands, enabling them to automate processes, generate business, and enhance customer loyalty. The majority of customers contribute modest revenue, with a small percentage contributing higher amounts.

Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, The company generates revenue in two ways that involves fees and other revenues relating to processing and servicing travel transactions received from clients and travel suppliers and revenues for the provision of products and professional services not directly related to transactions received from clients, travel suppliers and Network Partners.

Navan Inc is an end-to-end, AI-powered software platform built to simplify the world-wide business T&E experience, benefiting users, customers, and suppliers. Its leveraged technology to reimagine business travel. The company deliver delightful, personalized experiences for users, efficiency and control for customers, and direct market access for suppliers-all powered by its proprietary AI framework, Navan Cognition. Geographically, the company operates in United States, United Kingdom and Other countries, of which United States derives maximum revenue.

Sabre holds the number-two air booking volume share in the global distribution system industry. The travel solutions segment represented 91% of total 2024 revenue, split between distribution (79% of segment sales) and airline IT solutions (21%) revenue. The company sold its growing hotel IT solutions division (9% of revenue) to TPG in 2025 for $960 million in net proceeds. Transaction fees, which are mostly tied to volume and not price, account for the bulk of sales and profits.

Hostaway is a vacation rental management software company headquartered in Helsinki, Finland. It provides a unified dashboard for channel managers integrating with Airbnb, Vrbo, and Booking.com, plus tools for dynamic pricing, automated messaging, and multi-calendar syncing. Used by over 20,000 property managers worldwide, the platform automates operations for portfolios up to thousands of listings.

Guesty is a Tel Aviv-headquartered property management system for short-term rentals managing over 100,000 listings globally. The platform unifies operations across Airbnb, Booking.com, and Vrbo through channel management, unified inboxes, automated messaging, and payment processing. Guesty's mobile app supports on-the-go tasks, while owner portals provide transparency on earnings and performance analytics for portfolios.

Nanjing LES Information Technology Co Ltd Provides overall solutions for civilian command information systems.

FLYR is a San Francisco-headquartered AI platform for revenue management in airlines, cargo, and hospitality. Its forecasting engine processes petabytes of data for dynamic pricing, inventory optimization, and e-commerce personalization. Clients including United Airlines, Norse Atlantic, and Accor Hotels achieve up to 5% revenue uplift. Founded in 2018, FLYR raised over $100 million in funding and expanded to Europe and Asia with integrations for Sabre and Amadeus systems.

Canary Technologies is a provider of hospitality software replacing paper processes with digital tools for reservations, payments, and guest messaging. Used by hotels across the U.S., the platform offers analytics on occupancy and revenue, integrating with property management systems like Opera and Salesforce. Canary streamlines check-ins and upsells, serving chains and independents in 50 states.

SiteMinder is a technology company that provides e-commerce software for the global hotel industry. SiteMinder is the world’s largest e-commerce software provider for small and midsize accommodation businesses and provides over 50,000 accommodation businesses with a comprehensive suite of tools to increase their room utilization, rates, and profitability.