What does Diamo do?
Diamo provides a purpose-built revenue platform designed specifically for independent hotels. The platform combines dynamic pricing, digital marketing, a high-converting booking engine, and AI-powered revenue guidance to help smaller properties increase direct bookings and boost revenue by up to 35%.
How much did they raise?
The company raised $4M in a Seed funding round, led by Thayer Ventures and iNovia Capital, with participation from Avalon Capital Group and angel investors.
What are their plans for the money?
With the new funding, Diamo plans to accelerate its product development and support its global expansion, enabling independent hotels around the world to compete more effectively against larger corporations.
What have they achieved so far?
Diamo has already achieved significant success by helping its clients improve booking conversion rates and increase revenue by up to 35%, demonstrating the effectiveness of its platform.
