What is Avvio?
Avvio, operating under the umbrella of Access Hospitality and part of The Access Group, provides advanced AI-powered software solutions tailored for the hotel industry. Their core offerings include a sophisticated booking engine designed to optimize revenue and elevate guest experiences, serving a diverse clientele from boutique establishments to large brand properties. By focusing on increasing direct bookings and streamlining operational workflows, Avvio empowers over 2,500 clients to maximize revenue and gain critical real-time insights, adapting its solutions to meet the unique demands of each hotel.
How much funding has Avvio raised?
Avvio has raised a total of $5.5M across 1 funding round:
Unspecified
$5.5M
Unspecified (2014): $5.5M with participation from Calculus Capital
Key Investors in Avvio
Calculus Capital
Calculus Capital is an investment manager specializing in growth capital for UK smaller companies, focusing on tax-efficient investments in high-growth technology and other sectors. They manage VCTs and EIS funds, providing access to diversified portfolios of unlisted and AIM-quoted UK companies.
What's next for Avvio?
The recent major strategic investment signals a pivotal phase for Avvio, likely enabling further development of its AI capabilities and expansion into new markets. This capital infusion is expected to bolster its competitive edge in the rapidly evolving hospitality tech landscape, potentially leading to enhanced product offerings and broader client acquisition. Avvio's focus on direct bookings and operational efficiency positions it for sustained growth and innovation.
See full Avvio company page