What is Thing5?
Thing5, operating within the technology sector, is a key player specializing in comprehensive IT solutions tailored for the hospitality industry. With over two decades of experience, the company provides a suite of services including managed IT services, internet solutions, voice systems, and contact center support. Thing5 empowers more than 5,000 leading hotels to navigate complex technological challenges, aiming to enhance guest experiences and streamline operational efficiencies. Their commitment to 24/7 expert support and ensuring brand compliance positions them as a trusted partner for major hotel brands seeking to optimize their resources and IT infrastructure.
How much funding has Thing5 raised?
Thing5 has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Thing5
PPP
Public-Private Partnership
What's next for Thing5?
The recent major strategic investment in Thing5 signals a strong confidence in its continued growth and market position within the hospitality IT solutions sector. This capital infusion is likely to fuel further expansion of its service offerings, enhance its technological capabilities, and potentially broaden its market reach. As the company continues to support a vast network of hotels, this strategic backing will enable Thing5 to innovate and adapt to the evolving demands of the industry, reinforcing its status as a leading technology partner.
See full Thing5 company page
