In the face of the COVID-19 coronavirus outbreak, an artificial intelligence-driven hospitality startup has secured its largest round to date.
Pruvo, an Israeli-based startup that increases profitability for travel companies by automatically rebooking hotel reservations when the price drops, announced it has raised $1.1 million. It has managed to save over $6.6M for its customers.
SeedRocket 4Founders Capital of Spain led the seed round, with participation from angel investors in Spain, the United Kingdom, the Netherlands and Israel.
With the funding, the company plans to expand both its sales and development teams.
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