Lighthouse secures £295m from KKR to expand its hospitality intelligence platform
KKR leads a £295m growth investment in commercial intelligence platform Lighthouse to drive product innovation and international expansion.
Lighthouse provides a commercial intelligence platform for the travel and hospitality sector, processing large volumes of market data. The company serves over 70,000 properties across the globe with its suite of pricing and analytics tools.
London-based commercial intelligence platform Lighthouse has secured a £295m investment led by global firm KKR. The capital injection will support the firm as it expands its artificial intelligence capabilities and pursues international growth.
The business provides software tools to more than 70,000 hospitality properties worldwide, helping managers streamline operations and optimise commercial strategy. KKR is making the allocation through its Next Generation Technology III Fund.
The transaction follows a previous £80m Series B round in November 2021. Existing backers including Spectrum Equity and F-Prime Capital are maintaining their participation in the company alongside this new funding.
From the founder
"We’re extremely grateful to the 70,000+ hospitality providers, who have placed their trust in Lighthouse, I couldn’t be more energized by what we’re working towards. We’re just getting started in making hospitality data and tools more powerful, accessible, and affordable. This investment by KKR significantly accelerates our ability to enhance our commercial platform through expanded AI capabilities and additional data sets, enabling us to better serve our existing customers while continuing to expand across the hospitality market."
Sean Fitzpatrick
CEO at Lighthouse
Investor perspective
"Lighthouse has demonstrated an exceptional ability to support hoteliers of all sizes– ranging from global chains to independent properties– by addressing the unique needs of each segment. Their strong track record, customer loyalty, and proven ability to deliver value across varied markets position them as the leading platform in this space. We are proud to support Lighthouse in expanding its global footprint, driving continued innovation, and enhancing its market leading offerings."
Stephen Shanley
Partner and Head of Tech Growth in Europe, KKR
Use of funds
- 01Continue product development
- 02Fund acquisitions
- 03Expand into international markets
Investors
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About the company
Lighthouse
Lighthouse operates a commercial intelligence platform for the hospitality and travel industry.