Operto, a Vancouver, British Columbia-based provider of smart device automation and SAAS-based software technologies for the global hotel, multifamily, vacation, and short-term rental industries, completed its $12 million Series A financing round.

The funding round was led by venture capital firm FUSE, with follow-on investments from Watchfire Venturers, BlackPines Capital Partners, and a consortium of other prominent investment groups. 

Operto will use the new fund to further accelerate the development of its Connect™ operating system and continue its expansion across all accommodation verticals and into new geographies.

Company: Operto Guest Technologies Inc. 

Raised: $12.0M

Round: Series A 

Funding Month: February 2022

Lead Investors: FUSE

Additional Investors: Watchfire Venturers and BlackPines Capital Partners

Company Website: https://operto.com/

Software Category: SaaS-based property automation

About the Company: Operto Guest Technologies, the world’s leading property automation and IoT operating system for vacation rentals, hotels, and serviced apartments is revolutionizing guest stays and hospitality management. Oporto's SaaS-based property automation software is set up to improve short-term rental operations and the entire post-booking guest experience, by digitizing and enhancing the process end-to-end. Operto offers property managers a truly unique, real-time visibility and control over their property portfolio.

Source: https://shorttermrentalz.com/news/operto-seriesa-funding-round/