facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

National

/

All

/

Sale

/

Canary Technologies Secures...

Updated Jun 18, 2025

Canary Technologies Secures $80 Million In Series D Funding Led By Brighton Park Capital
SOLD

Canary Technologies Secures $80 Million In Series D Funding Led By Brighton Park Capital

Building Size

—

Asset Type

—

Closing

Jun 13, 2025

About this deal

AI

Canary Technologies has raised $80 million in a Series D funding round led by Brighton Park Capital, with participation from Y Combinator, Insight Partners, and Fidelity. This funding will help enhance the company's guest management platform used by over 20,000 hotels across more than 100 countries to digitize guest interactions, such as mobile check-in and AI-powered concierge services.

Summary of transaction details:

  • Deal Type: Series D
  • Transaction Amount: $80,000,000
  • Notable Investors: Brighton Park Capital, Y Combinator, Insight Partners, Fidelity
  • Total Capital Raised: Nearly $180 million
  • Founders: Harman Singh Narula, SJ Sawhney
  • CEO: Harman Singh Narula
  • Headquarters: San Francisco

Founded in 2018, Canary Technologies aims to improve the guest experience while maintaining the unique branding of each hotel. With this latest round of funding, CEO Singh Narula plans to expand the team and enhance the platform’s AI capabilities.

Players

Fidelity
FidelityBuyer

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Deal FAQ

Browse this market sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals