Statkraft Ventures invests in Betterspace, the leading solutions platform for digitalization and energy efficiency in hotels

11.11.2019 | news

Statkraft Ventures has led the €3m Series A financing-round in Betterspace with participation of existing investor InnoEnergy. Betterspace provides a comprehensive digital solution platform to the hospitality industry.

Digitization is gaining more and more attention in the hospitality industry. As a leading provider of comprehensive digital hotel solutions Betterspace offers hoteliers a suite of integrated digital assistants to better attend to the preferences and desires of their guests. At the same time Bettespace’s digital solutions make work processes more efficient and relieve the strain on hotel employees. The company’s in-room tablet solution with its wide range of functions offers premium guest service and increased revenue per room while reducing the workload of hotel employees. The intelligent energy management system automatically controls radiators and air conditioning, leading to significant savings in energy costs. The ability to seamlessly integrate EV charging into the guest journey and the hotel energy management system is another feature that is in high-demand by hoteliers to keep costs under control.

Stefan Hülsen, Senior Investment Manager at Statkraft Ventures, comments: ”Reducing the hotels operating expenditures while increasing revenue is a strong selling point not only for Betterspace’s clients but also for us. The company’s technology as well as the strong and demonstrated need in the hospitality industry for integrated products and services has convinced us to support the founders on their way to becoming the leading hotel digitalization provider.”

Alexander Spisla, Co-Founder and CEO of Betterspace recognized the digitalization needs of the hospitality industry early on and is now serving more than 700 hotel chains from small boutique hotels to large hotel conglomerates with his team. He points out that, “Betterspace has been able to convince the hotel industry in the German speaking region of our holistic approach to digitalization, now we will concentrate on delivering the same value and service to hotels abroad.”