Hospitality AI company ONDA (CEO Oh Hyun-seok) announced on the 28th that it has attracted 7.5 billion won in Series B bridge investment.
Existing investors Gowid and Square Ventures participated in this round as follow-on investors, while Vision Equity Partners joined as a new investor. Onda plans to focus the secured funds on enhancing its AI-based products, strengthening its market competitiveness and technological edge.
Based on its vision of "providing a brighter future for the lodging industry," Onda is driving the AI transformation of the hospitality industry. It provides technology-driven solutions to enhance operational efficiency in the lodging industry and aims for mutual growth with its partners.
Onda possesses a room database and sales channel integration technology, and was named a "Global PMS Vendor" by Skift, a US-based travel research firm. In 2024, the company was named a Preferred Partner by both Trip.com and Booking.com, and was also recognized as a Preferred Partner by Airbnb for two consecutive years.
Oh Hyun-seok, CEO of Onda, said, “I would like to thank the investors who have trusted Onda’s vision and the potential of AI technology. With this investment, we will introduce innovative AI-based products that will allow accommodation owners to experience tangible improvements in operational efficiency, and contribute to the sustainable development of the accommodation industry.”
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