Atica, a Lewes, Delaware-based technology company that helps hotels grow annual revenues in the USA market, raised seed funding led by Titan Capital.
Other investors in the round included Rahul Talwar (DLF Family Office), Anil Goel (President of Technology, Byjus), Bhuvan Gupta (Cofounder, Of Business), Ramji Sundararajan (Partner, Mckinsey Palo Alto), Prashant Sood (Eros Group), and others.
The funds will be used to strengthen the technology product, build the base infrastructure, and for business development.
Speaking on the funds, Akash Goel and Bonish Gandhi, Co-founders at Atica said, “These funds are a necessary tool required to experiment, build, fail fast, and find success. Funds are also critical to enable expansion in the USA market. Our past industry experience has helped us find PMF early, and we are now in the growth phase; Our investors bring enormous experience and mature advice to the table. We feel stronger having partnered with them.”
They added, “Many of our investors have successfully built large businesses, and we learn from their experiences. This is also a huge validation for us and our play. Atica is positioned to create a huge impact for 1000s of hotels with all the brains behind it.”
Atica is working with hotel clients owning properties across all major brands including Marriott, Hilton, IHG, and Hya. It helps hotels in the US market work towards commercial success when it comes to annual revenue growth.
Company: Atica Global Inc
Round: Seed Round
Funding Month: March 2023
Lead Investors: Titan Capital
Additional Investors: Rahul Talwar, Anil Goel, Bhuvan Gupta, Ramji Sundararajan, and Prashant Sood
Company Website: https://www.aticastays.com/
Software Category: Revenue Management
About the Company: Founded in 2021 by Akash Goel and Bonish Gandhi, Atica is a last-mile sales and revenue management company that helps hotels in the USA market find commercial success in terms of annual revenue growth. Atica secures incremental revenue for hotels from local businesses using its proprietary lead generation and sales CRM tool. Atica is working with hotel clients owning properties across all major brands, including Marriott, Hilton, IHG, Hyatt, Choice, Wyndham, best western, etc. Using a mix of sales management, digital marketing, and revenue management technology modules, Atica unlocks the revenue potential of their clients who operate in hyper-competitive markets across the US.