Singapore-based Zuzu Hospitality Solutions today announced it has raised a US$3.7 million series A round led by Wavemaker Partners.
The round, which was closed in Q4 2018, will fund the startup’s plan to expand to Thailand, Malaysia, and Australia.
Existing investors Golden Gate Ventures, Convergence Ventures, and Alpha JWC Ventures participated in the round.
New investors Access Ventures and Line Ventures also joined in.
Before the new injection, Zuzu’s last funding was a US$2 million seed round in 2017.
Zuzu offers an outsourced yield management solution for independent hotels.