Otel AI Raises €2.8 Million in Funding

by Kay Aloha Villamor in April 17th, 2026

Otel AI, a Dublin, Ireland–based startup building AI co-workers for hotel general managers and owners, has raised a total of €2.8 million within six months of launch. 

Investors 

The round was led by Playfair Capital, with participation from Nebular and angel investors, including Paul Forster. 

Playfair is a generalist fund focused exclusively on pre-seed investing. It invests across the UK and Europe with an intentionally high-conviction, low-volume approach—making just six investments per year from its third $70 million fund. This model allows the team to preserve time, capital, and resources to support companies more deeply post-investment. Based in London, Playfair has backed over 100 companies. 

Otel AI Use of Funds 

The company will use the funding to accelerate product development and support expansion into the UK, Europe, the United States, and the United Arab Emirates. 

About Otel AI 

Founded in 2025 by Paul Ryan and Nikhil Patil, Otel AI develops AI co-workers designed to streamline hotel operations for general managers and owners. The platform integrates with existing hotel systems to automate operational workflows, generate insights, and support decision-making across departments. Headquartered in Dublin, Ireland, Otel AI serves hotel groups across Ireland and the UK, including the O’Callaghan Collection, Fitzpatrick Castle Hotel, Johnstown Estate, and Killarney Park. 

Funding Details 

Company: Otel AI 

Raised: $2.0M 

Round: Unknown

Funding Date: April 2026 

Lead Investor: Playfair 

Additional Investors: Nebular, Paul Forster 

Company Website: https://www.otelai.com/  

Software Category: Hospitality Tech / AI Operations 

Source: https://www.hospitalitynet.org/news/4131890/otel-ai-raises-2m-to-scale-ai-co-worker-platform-for-hotels-bringing-total-funding-to-28m-within-six-months-of-launch 

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