Lighthouse, a trailblazing commercial intelligence platform for the travel and hospitality sector, has announced a significant milestone: a $370 million growth investment led by global investment firm KKR. The funding aims to accelerate Lighthouse’s mission to transform commercial strategies within the $15 billion travel and hospitality technology market.
The investment will fuel product innovation, strategic acquisitions, and global expansion, enhancing Lighthouse’s ability to deliver cutting-edge solutions to the industry. Known for its advanced tools and data-driven insights, Lighthouse has built a reputation as the go-to platform for revenue managers, commercial leaders, and accommodation providers.
Lighthouse processes over 400 terabytes of travel and market data daily, using proprietary technology and artificial intelligence to offer real-time insights. This empowers hospitality providers to make smarter decisions, streamline operations, and improve guest experiences. With over 700 employees worldwide and a stellar Net Promoter Score (NPS) exceeding 70, Lighthouse has cemented its position as a leader in the sector, serving more than 70,000 hospitality providers globally.
“We are incredibly grateful for the trust our customers have placed in us,” said Sean Fitzpatrick, CEO of Lighthouse. “This investment from KKR marks an exciting chapter in our journey to make hospitality data and tools more powerful, accessible, and affordable. With KKR’s support, we’ll enhance our platform with expanded AI capabilities and data sets, allowing us to better serve our customers while continuing to grow globally.”
KKR, renowned for its expertise in technology-focused growth investments, brings a wealth of experience to the partnership. The firm has invested approximately $23 billion in tech growth since 2010, with a dedicated team of nearly 70 professionals.
“Lighthouse has an impressive ability to address the unique needs of hoteliers, from global chains to independent properties,” said Stephen Shanley, Partner and Head of Tech Growth in Europe at KKR. “Their strong customer loyalty and proven track record position them as a leader in the industry. We’re proud to partner with Lighthouse to help expand its global reach and continue driving innovation.”
As Lighthouse enters this next phase of growth, the focus remains on delivering unparalleled value to its customers. “We’re just getting started,” Fitzpatrick said. “This investment significantly accelerates our ability to reimagine what’s possible for the hospitality industry.” With the backing of KKR and its global expertise, Lighthouse is set to redefine commercial intelligence in hospitality, ensuring hoteliers have the tools they need to thrive in a competitive and ever-evolving market.
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