Participated · Series B · Aug 2025

ZUZU Hospitality offers a platform for revenue management and distribution that helps independent hotels compete with global chains. The company has developed an AI revenue management product called RevMate using a dataset from over 3,000 hotels across Southeast Asia and India. ZUZU says its existing hotel partners have seen an average 8x return on investment, and Wavemaker highlighted 30–40% growth in occupancy rates tied to the technology. The firm plans to use new capital to accelerate product development, expand data capabilities, and scale go-to-market efforts. ZUZU remains loss-making but reported revenue growth from $1.28 million in 2021 to $7.18 million in 2023, per DealStreetAsia’s DATA VANTAGE. The company cites McKinsey estimates that AI could generate over $400 billion in annual value across travel and hospitality, supporting its market opportunity. ZUZU Hospitality Solutions is a Singapore-based travel technology startup offering revenue platforms to help independent hotels maximize revenue. The company plans to invest in AI tools to enhance pricing, automate guest management, and improve partner experience. With the new funding it aims to double the number of hotel partners and reach 5,000 partners by the end of 2024, with particular emphasis on India. Management framed the raise as validation of investor confidence after the company sustained operations through the pandemic. The statement also cites a recovering Southeast Asian online travel market as a tailwind for growth. Zuzu combines software and hands-on services to help independently owned small hotels outsource bookings, marketing, revenue management and dynamic pricing while preserving each property's own brand. The team checks in with hotels every one to two days to revamp online marketing content, find new distribution channels and collect guest reviews through Zuzu’s site. Most hotels on the platform prefer a revenue-sharing payment model, aligning Zuzu’s incentives with its clients. The company claims hotels can see a 60% to 100% increase in online bookings after signing up. Since launching last July, Zuzu has signed more than 150 hotels across Taiwan, India and Thailand and plans to expand further in Asia. Financially, the startup has raised $2 million in a seed round plus angel investments, bringing total capital raised to $3 million.

Participated · Series A · Jan 2024

Joyned is a Jerusalem, Israel–based travel tech company that enables customers to book trips, vacations, and holidays together through a cross-website, live booking experience. Its AI-based social revenue platform analyzes and identifies consumer group-buying intent and delivers actionable insights into buyers’ decision-making, intent, group dynamics, conversations, and activities. The platform empowers travel sites of all sizes to host social engagements on-site and is used by global online travel agencies, hotel chains, booking sites, and travel tech providers to optimize revenue, conversions, and customer lifetime value. Led by CEO Jonathan Abraham, Joyned says it has signed agreements with leading travel brands and that the solution has had impact on their businesses. The company raised $8M in a Series A and plans to use the funds for product development, consolidating growth in international markets, business development, and driving sales and growth in new verticals. Joyned positions itself as bridging the gap between users’ desire for shared experiences and the ability to book together. Joyned (formerly Gamitee) provides a plug-and-play JavaScript solution for merchants—compatible with Shopify and other sites—that adds a “shop with me” button to enable shared shopping carts, mood boards and real-time conversation. The product is designed to keep shoppers on a retailer’s site while inviting friends to collaborate, narrowing the gap between online and offline shopping. Joyned reports tangible merchant impact: average sales increases of 6–15%, retention gains up to 250%, and traffic boosts of about 40% after social invitations. Over the last year the company launched its platform and saw sales grow to close to $500,000, with a target of $1 million in sales. The founders are CEO Jonathan Abraham and co-founder Michael Levinson; Abraham conceived the idea four years ago while planning his wedding. The company plans large-scale U.S. expansion, including building a marketing team in Florida and adding sales and support functions, and is preparing to pursue a Series A.

Participated · Seed · Mar 2023

NuMind provides a platform that allows B2B and B2C customers to create custom NLP models powered by large language models (LLMs). It uses a proprietary "Interactive AI Development" learning paradigm to enable companies with no ML expertise to quickly build models for tasks such as sentiment analysis, topic detection, content moderation, and chatbots. Initial customers are developing custom models for medical coding, legal report review, user feedback analysis, and matching résumés with job postings for a recruitment firm. The company is led by Etienne Bernard and Samuel Bernard and is based in Paris and Cambridge, Massachusetts. NuMind raised $3M in Seed funding and intends to use the proceeds to accelerate growth and expand operations. Investors in the round include Flybridge, big_bets, Carya Ventures, the Pioneer Fund, Velocity Ventures, Sharpstone Capital and Y Combinator.

Participated · Series A · Dec 2022

Aigens provides online ordering and marketing tools for restaurants and foodservice brands across Asia. The company has served over 4,000 outlets, including Jollibee Group, Burger King, Starbucks, Shake Shack and Pizza Hut. Founded in 2012, Aigens now has about 120 employees across Asia Pacific. Following Ant Group’s investment, Aigens said Ant’s D-Store will be one of the offerings it provides to merchants, positioning it to tap into Ant’s Alipay+ payments ecosystem. The company plans to spend the fresh funding on market expansion, hiring and R&D. Early go-to-market focused on chains because they were easier to scale across diverse Southeast Asian markets than pursuing family-run businesses individually.

Participated · Seed · Feb 2022

Amplication is an Israeli developer of an open-source platform that streamlines and automates backend development. Led by founder and CEO Yuval Hazaz, the platform auto-generates fully functional, human-readable and editable apps based on TypeScript and Node.js. Generated stacks include NestJS, Prisma, REST and GraphQL APIs, a React admin UI, plus authentication, authorization and testing. The project is supported by a community of programmers across 160 countries. Amplication plans to expand its open-source community, continue product development and introduce an enterprise version of the platform.