The Sofia-based venture capital firm BrightCap Ventures has led the seed investment round in RobosizeME, a Czech process automation specialist for the global hospitality industry. The deal is the first investment out of the freshly closed Fund II.
About RobosizeME
- Founded in 2022 with headquarters in Czechia and the US, RobosizeME is a process automation specialist for the global hospitality industry. The company leverages extensive industry knowledge and technical expertise to help hotel chains and large hospitality management companies enhance efficiencies in all areas of hotel operations.
- Its “digital workers” have already been introduced to multiple reputable hotel chains and hotel management companies, including Kempinski Hotels and Resorts, Louvre Hotels Group, Global Hotel Alliance, Design Hotels, Dorchester Collection, H World Hotels, MCR Hotels, Story Hospitality, and many more.
Investment details
Although the deal’s amount is undisclosed, it follows the two-week announcement of BrightCap’s successor Fund II. Earlier, AIN reported on the fund’s first close of the €60 million target. The fund’s ticket size was stated to range between €400,000 and €3 million. Thus, the investment in RobosizeME is expected to be at least €400,000.
“This is the second time we are backing visionary founder Stephen Burke, following our Fund I investment in Kardi AI—a medical-grade long-term ECG heart monitoring startup. Stephen’s track record in the hospitality technology sector spans over 22 years and includes a successful previous exit. This time, he is teaming up with co-founders Linda Girrbach, a seasoned hospitality and revenue management expert, and Ivo Brabec, a CFO and finance entrepreneur,”
BrightCap’s representatives commented on the deal.
Apart from the lead investor BrightCap, other investors in this round include hospitality-focused Czech – Indonesian newly forming Botanique Hospitality Management Group.
The fresh capital will enable the RobosizeME to grow and reach the milestone of signing 6,000 hotels within 18 months.