Plusgrade Acquisition, Valuation, Funding & Investors

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.

Scapia is a Mumbai-based fintech platform issuing no-foreign-transaction-fee credit cards tailored for travel spending. The app tracks expenditures, awards redeemable coins on purchases, and facilitates direct bookings for flights and hotels. Launched in 2023, Scapia integrates payments and rewards into a single interface for Indian users planning international trips.

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.

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

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.

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.

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.

Vista Group International Ltd provides software and technology solutions across the global film industry sectors of distribution, exhibition, and the end consumer, moviegoers. The principal activity is the sale, support, and associated development of software for the film industry. The company operates in the vertical cinema/film market in the following reportable segments namely the Cinema segment and Film segment. The company has offices in New Zealand, with additional offices located in Sydney, Cape Town, London, Amsterdam, Beijing, Shanghai, Kuala Lumpur, Los Angeles, and Mexico City.

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.

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.

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.